Luvthebeach23
TUG Member
- Joined
- May 2, 2017
- Messages
- 127
- Reaction score
- 18
- Points
- 129
- Location
- Washington State
- Resorts Owned
- Marriott KoOlina, Waiohai, Grand Chateau, Worldmark, WKORV
We are in the process of trying to buy a 2 bdrm OF penthouse from an owner. They sent us the deed but it doesn’t give us a unit number or week.
It also says “Two ownership interests in the Program with either Floating Time rights for platinum use periods (may apply to all ownership interests), or Fixed Time Rights for the Platinum Plus Holiday Use period and/or Platinum Plus New Years Use Period... as applicable consisting of the following”
“a unit of the Penthouse Makai unit type on Every year basis”,
“undivided 1/39000 interest for each ownership interest “.
I feel really stupid but what exactly are we getting if we buy this? I thought they all had at least unit numbers?
Thanks!
It also says “Two ownership interests in the Program with either Floating Time rights for platinum use periods (may apply to all ownership interests), or Fixed Time Rights for the Platinum Plus Holiday Use period and/or Platinum Plus New Years Use Period... as applicable consisting of the following”
“a unit of the Penthouse Makai unit type on Every year basis”,
“undivided 1/39000 interest for each ownership interest “.
I feel really stupid but what exactly are we getting if we buy this? I thought they all had at least unit numbers?
Thanks!