Relinquishment Policy« Back to Questions List
|
Hi - in the next few years, we may be looking to give up our current week, which is in November. I note that the new short term 'bonds' will not be available for sales from existing owners and I think we will therefore be at some disadvantage if we try and sell our week when these new short term bonds are available. I have seen reference to a Relinquishment' policy that applies instead; however I cannot find a copy of this on the website. Can anyone help please?
|
|
I have enquired about selling my Week 2. I’ve been advised that I can relinquish the property if it fails to sell in 1 year for the payment of 2 years management fee. Also only properties that are sold back to UOC will be available for short lease. I don’t know when this rule was included but I am not happy to hear it. It will be interesting to find out how that money is paid if the owner were to die. |