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June 30, 2006, Newsletter Issue #5: Contracts
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Tip of the Week
In your timeshare contract the first thing you will notice will be the agreement date and who the agreement is between (rental service and you the owner). Next most likely will come the property address followed by the terms. Terms can include termination policy and its individual term and agreements. Your timeshare contract will also include authority rights given to the rental agency, duties of the rental agent (including policies and collection), duties of the owner (listing of rental, start to stop reserve dates, property description, compensation to rental agent and etc.), liabilities and any other miscellaneous notices or requests.
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