Originally posted by Dean
As for the commercial issue. Its very clear that DVC doesnt care. I think its also equally clear that anything short of opening an office and putting up a billboard would not qualify under this phrase in the POS....
Page 24 of the POS... in large font, and bold letters:
"Ownership Interests are offered for personal use and enjoyment only and should not be purchased by any prospective Purchaser for resale or as an investment opportunity or with any expectation of achieving rental income, capital appreciation, or any other financial return or valuable benefit, including any tax benefit...."
The paragraph continues by saying that renting would be tough because you would be competing with DVC etc...
The way I read the first several words ["Ownership Interests are offered for personal use and enjoyment only..."], that clearly trumps the remainder of the paragraph (which could be interpreted either way).
I admit, there are other parts of the POS that are in contradiction to this part of the paragraph.
My point is not whether or not renting points is legal, but rather that it is not "very clear" one way or the other... especially when doing it as a business.
In summary, I do believe there is a fine line between 'renting', and 'commercial renting'. The first could mean renting points to family/friends etc..., and the second means posting multiple weeks on e-bay.
To reiterate, I don't have a problem with the first, or the occasional renting due to unusual circumstances.
I also have more tollerance for someone renting points (commercially), than I do for someone hoarding weeks first, then renting the weeks.
