Why does Vacation Time Condos at VICC not cooperate with timeshare exchange networks other than RCI?
We are affiliated with the largest and best of the timeshare exchange networks, Resort Condominiums International (RCI). Our Resort Affiliation and Owners Association Agreement with RCI provides that “… all requests for exchanges at the Resort, both internal and external, shall be processed through RCI. Affiliation with more than one exchange network would greatly increase clerical effort and expense of the Council of Co-Owners. Cooperating with other exchange networks without an affiliation agreement would leave us without the ability to revoke space banking by owners who are delinquent in paying their assessments. Such ability is one of our important controls in collecting delinquent assessments. Each owner does have the right to permit guests the use of his unit/week. We do require that the owner authorize guest use of a unit/week directly in writing to the Council of Co-Owners, providing us with the name, address and telephone number of the guest.
We are affiliated with the largest and best of the timeshare exchange networks, Resort Condominiums International (RCI). Our Resort Affiliation and Owners Association Agreement with RCI provides that “… all requests for exchanges at the Resort, both internal and external, shall be processed through RCI. Affiliation with more than one exchange network would greatly increase clerical effort and expense of the Council of Co-Owners. Cooperating with other exchange networks without an affiliation agreement would leave us without the ability to revoke space banking by owners who are delinquent in paying their assessments. Such ability is one of our important controls in collecting delinquent assessments. Each owner does have the right to permit guests the use of his unit/week. We do require that the owner authorize guest use of a unit/week in writing to the Council of Co-Owners, providing us with the name, address and telephone number of the guest.
