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Who owns the resorts in the portfolio?

April 26, 2017owns portfolio resorts

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Who owns the resorts in the portfolio?

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All Club accommodation is held by FNTC on trust for members of THE Club® until 2054. A trust is simply a legal arrangement where one person (in this case FNTC or other companies in its group) holds property for the benefit of others. Diamond Resort International own the majority of the resorts’ communal areas. At some resorts FNTC own actual property and at others it owns weeks.