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Author
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Topic: Transfer of banked week!
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Dean
TUG MemberPosts: 2683
From: Disney's Old Key West, Marriott's Grande Ocean, Marriott's Harbour Pt. and La Cabana, Aruba
Registered: Dec 2000
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posted 05-15-2003 17:47
   
Craig, I'm sure this has been answered, I just can't find or remember all the details at present. If a person sells a week and wants to transfer the banked week to the new owner, is there a fee and when does the "replacement" week expire? Thanks in advance.------------------
Dean
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CraigU
TUG MemberPosts: 2331
From: Miami, Florida USA
Registered: Jun 2002
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posted 05-16-2003 17:09
Usually we transfer the entire membership with the existing activity. The transfer itself is at no charge however we do require the membership to be renewed for one year at the time of transfer.If you own multiple weeks, we will void the deposit and issue a certificate to replace the deposited week. This is a system "work around" which means the certificate may not offer the same trading power as the week on deposit. This may or may not work to your advantage. In this case, the expiration date will be the same as the original deposit expiration date. No extension may be purchased on these certificates. quote:
Originally posted by Dean:
Craig, I'm sure this has been answered, I just can't find or remember all the details at present. If a person sells a week and wants to transfer the banked week to the new owner, is there a fee and when does the "replacement" week expire? Thanks in advance.
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Craig Urbine
Vice President
Member Services
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sfwilshire
TUG MemberPosts: 2156
From: Clinton TN
Registered: Jan 2003
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posted 10-27-2003 17:46
Craig,I found replies from you about the transfer of an II membership when a week is sold but have an additional question. If the seller wishes to transfer his entire membership along with banked weeks to a buyer who is already an II member, can the two memberships be combined somehow. Thank you, Sheila IP: Logged |
CraigU
TUG MemberPosts: 2331
From: Miami, Florida USA
Registered: Jun 2002
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posted 10-27-2003 18:25
Yes, you would need to transfer the membership first and then request the two to be merged. quote:
Originally posted by sfwilshire:
Craig,I found replies from you about the transfer of an II membership when a week is sold but have an additional question. If the seller wishes to transfer his entire membership along with banked weeks to a buyer who is already an II member, can the two memberships be combined somehow. Thank you, Sheila
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Craig Urbine
Vice President
Member Services
Interval International IP: Logged |
Dean
TUG MemberPosts: 2683
From: Disney's Old Key West, Marriott's Grande Ocean, Marriott's Harbour Pt. and La Cabana, Aruba
Registered: Dec 2000
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posted 10-27-2003 19:33
Since this thread resurfaced, I'll give the final outcome. I transferred the deposited week to the buyer but not the membership as I own other timeshares with II. II essentially issued a generic week good for a year to the new owner and assigned future usage of the week in question to the new owner and removed it form my account. This was exactly as Craig had said it would work. II called to clarify our intent as I sent the info by email and then contact the resort who confirmed the new owners information. All went according to plan. Craig, thanks for the help.------------------
Dean
My Home Page IP: Logged |
johnfornal
TUG MemberPosts: 162
From: Del Mar, CA,USA
Registered: Oct 2002
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posted 11-12-2003 19:08
Hi Craig,I just bought a unit at Williamsburg Plantation that had a banked week and the seller has asked her II rep to transfer the account to me...She was told that could not be done. I just opened an account a few days ago and would like to qualify for having paid an additional year of membership as shown...maybe merging the accounts would work out. Who should we speak to to accomplish this because we have both been told that II does not transfer memberships...They said the seller needs to cancel their membership in writing and then I could receive an AC for the banked week...I can be flexiblle regarding the banked week but I would like to gain the offer from the seller whose membership is paid up to 2008... My email is johnfornal@yahoo.com Thanks for your attention John IP: Logged |
CraigU
TUG MemberPosts: 2331
From: Miami, Florida USA
Registered: Jun 2002
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posted 11-13-2003 04:35
I will ask someone to contact you. quote:
Originally posted by johnfornal:
Hi Craig,I just bought a unit at Williamsburg Plantation that had a banked week and the seller has asked her II rep to transfer the account to me...She was told that could not be done. I just opened an account a few days ago and would like to qualify for having paid an additional year of membership as shown...maybe merging the accounts would work out. Who should we speak to to accomplish this because we have both been told that II does not transfer memberships...They said the seller needs to cancel their membership in writing and then I could receive an AC for the banked week...I can be flexiblle regarding the banked week but I would like to gain the offer from the seller whose membership is paid up to 2008... My email is johnfornal@yahoo.com Thanks for your attention John
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Craig Urbine
Vice President
Member Services
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