Seller Contract Preparation Form

Please complete and submit the form below. We are the sole owners of the information collected and will use your information to respond to your inquiry. Please be assured, will never share your information with third parties other than Marriott Vacation Club International.

Please complete and submit the form below. We are the sole owners of the information collected and will use your information to respond to your inquiry. Please be assured, will never share your information with third parties other than Marriott Vacation Club International.

Frequently asked questions, answered

What is the Transfer of Ownership Process?

The legal resale process takes about 90 days to complete and is organised in 4 parts:

  1. Before the end of the mandatory 14 days’ withdrawal period, we are asking the Buyers to transfer onto the escrow account the full purchase amount. All monies will stay blocked until completion of the transfer of ownership.
  2. From this moment on, the agreements will be sent to Marriott for review, also referred as to “Right of First Refusal” period (ROFR); this typically takes 2-3 weeks. If Marriott decide to exercise their ROFR based on the terms of the agreements, the funds will be refunded in full to the Buyers, and you will proceed with the transaction, but with Marriott as the new buyer. On the other hand, if Marriott chose to waive their ROFR, we can then move on with the procedure and the files will be sent via secured postal mail to Marriott’s resales department in Florida.
  3. In about another 4 weeks of time, we should receive from Marriott a document named “Holiday Ownership Transfer Agreement” (HOTA). Upon receipt, we will forward it to both you and the Buyers for signatures. This original document should be returned to us and after verification we will send it back to Marriott.
  4. We’ve now reached the final step of the procedure and we will have to wait another 4 weeks for Marriott to complete the transaction. The funds will then be released to your Bank account and the Buyers will receive their new ownership certificate.

What does Right of First Refusal (ROFR) mean?

Marriott Vacation Club retains the right to intervene in any timeshare resale transaction and act as the buyer. More simply, ROFR gives Marriott the right to buy back the ownership they originally sold.

Marriott are very inconsistent in their exercise of ROFR. They will exercise their right for any of the following reasons: Price too low and/or if they need more inventory at a particular resort. We can only find out if Marriott will waive or exercise their right once the sales contract has been sent to their ROFR department.

Marriott has a limited number of days to review the contracts and in that time, if they decided to, they can purchase the property based on the terms of the sales contract. The funds will then be refunded to the buyers, and you, the seller, will proceed with the transaction, but with Marriott as the new buyer. On the other hand, if Marriott waive their ROFR, the original sale can proceed.

Will I have to pay the transfer fees and commissions?

You can have peace in mind knowing that we will not charge you any sort of fees before, during or after the sales process. The buyer will cover the transfer and administration fees, and we earn our remuneration only after the sale is completed and the escrow is closed.

Should I already reserve a week for next year usage?

Yes, we strongly recommend all our sellers in securing a reservation for next year usage. Having a confirmed reservation during high demanded months (between May and October) will attract potential buyers and will increase your chances of selling.

It is well understood that the buyers will be responsible for next year usage maintenance fees payment and every year thereafter.