Frequently Asked Questions by Timeshare Renters
There is no need to stress if you won’t be able to make it to your timeshare this year. You can rent out your timeshare and maximize on your vacation ownership even when you can’t use it.
We’ve answered some frequently asked questions from owners who are looking to rent out their timeshares below. If you have additional questions, call us at 1-844-202-3508 to speak with a resort rental specialist today.
Can I rent out my timeshare?
Yes, you can rent out your timeshare as long as you are the owner and your ownership/membership contract does not include any restrictions prohibiting you from renting it out. You can rent out your timeshare whether it is deeded, right-to-use, a vacation club membership, or timeshare points.
Always remember, you cannot rent out a week that you’ve received via exchange. You can only rent out a timeshare for which you own the deed or certificate. Exchange companies such as RCI and Interval International will forbid you from future exchanges for renting out a week or points for which you’ve traded.
How will I benefit from renting out my timeshare?
When you aren’t able to use your week or vacation club points, renting out your timeshare is a great way to still make the most of it. You can use the income you receive from renting out your unit to pay for your maintenance fees and taxes — that way you won’t be losing out on your time.
How should I price my timeshare rental?
We advise that you price your timeshare rental according to supply and demand. Our resort rental specialists will compare your unit to other similar units on the rental market to help you figure out how much it is worth.
How can I be sure I will receive the rental payment?
Prior to the agreed-upon rental period, you and the renter will sign a rental agreement. This agreement protects both parties and specifically notes that the renter will pay in full for the timeshare rental. As the owner, you will inform the timeshare resort that the renter will be staying during the specified rental period and obtain either a confirmation number or guest passes for the renter. Both you and the renter should have copies of the agreement. The rental agreement will guarantee that you receive payment for the use of the timeshare and that the renter will have a timeshare reserved in his or her name.