FREQUENTLY ASKED QUESTIONS
Q: WHAT EXPENSES DO I HAVE?
A: You will encounter 3 different expenses:
- In addition to your purchase price, you will also
pay an RCI Membership fee (if you aren’t a member yet).
Their rates for 3 years is $235 or for 6 years $399. Thereafter,
each RCI member is liable for the RCI annual fee, which is currently
$89 per member, regardless of how many weeks you own.
- You pay an annual maintenance fee directly to your
"home" resort (where you are an owner). This fee is
determined by each individual resort and ranges anywhere from
$175.00-$475.00 per year depending on the size of your unit, resort,
and current exchange rate.
- You will also pay an exchange fee to RCI every
time you make an exchange.
For all exchanges made domestically.........................$164
For all International and foreign exchanges...............$199
Q: IS MY PROPERTY DEEDED OR LEASED PROPERTY?
A: All the properties that Timeshare Specials sell are sold to you
"IN PERPETUITY," and are fee simple. They belong to you
and your heirs forever. Your investment is in a Shareblock Development,
and you will receive a share certificate after your purchase has
been registered, which must be produced should you at any time decide
to sell your property.
Q: HOW DO I ENSURE THAT I CAN EXCHANGE
MY TIMESHARE TO WHERE I WANT TO GO ON VACATION?
A: The main factor in ensuring that you have favorable "Trading
Power" is to purchase RED timeshare, which is Peak Period time,
and which you can use to exchange for any time of the year. Furthermore,
RCI have 2 superior categories of properties, "GOLD CROWN"
and "RESORT OF INTERNATIONAL DISTINCTION." Owning these
properties enhances your trading power. It is also very important
to SPACEBANK (place into RCI pool) the week that you own, as early
as possible. This may be done up to 2 years in advance.
Q: HOW DO I MAKE EXCHANGES?
A: Exchanges
work like a bank account:
- DEPOSIT your vacation time---this is known as spacebanking
your time. This may be done from 2 years to 14 days before its
start date.
- REQUEST your exchange week/s at a comparable resort
for the vacation time that you deposited.
- RECEIVE a confirmed exchange.
- GO!
Q: CAN I ONLY MAKE AN EXCHANGE IF SOMEONE
ELSE USES THE WEEK THAT I OWN?
A: No. The moment that you place your week into the spacebank pool,
you immediately become eligible for a timeshare exchange, and can
go ahead and make your request. As long as you spacebank your week
as early as possible, you should have no difficulty in obtaining
an exchange to your liking. All exchanges are made based on availability.
Last year, RCI satisfied over 98% of requests.
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