|Tip 3 - Guarantees
Companies that offer guarantees regarding the rental of timeshares are in most cases unlicensed and unable to back up their promises. The Real Estate Departments of most states prohibit or discourage licensed brokers from making guarantees of any kind with regard to rental transactions. A close look at the economics and time frames of most guarantees will reveal how truly unrealistic they are.
If a timeshare company promises you a guarantee of any kind, be sure to get a written explanation of the terms and conditions of the guarantee and review it thoroughly. After your review, discuss your understanding of the guarantee with at least one licensed timeshare broker before you make your final decision.
FINAL NOTE: RENTAL GUARANTEES OF ANY KIND ARE OF LITTLE VALUE AND IN THE WORST CASE ARE PROBABLY FRAUDULENT.