Hello
zilll,
Thanks for visiting our
Timeshare Forums. It sounds to me like you may be referring to the the timeshare resort developers
Right of First Refusal, which has been explained within a couple areas of our
Forum before.....
Quote:
Right of First Refusal
Privilege of Preempting Transaction: a privilege somebody has to prevent a transaction, typically a sale, lease, or sublease, by agreeing to stand in the place of one party, often the buyer or lessee. Often a condominium's or cooperatives board of directors has this right.
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More often than not, you, as a seller would need a sale pending in order for the timeshare resort developer to exercise this right.
An appraisal is entirely unnecessary with timeshare resale. You should be able to determine the value of your timeshare by exploring our website to see what other like you are seeking for similar timeshares.
Timeshare Adventures also publishes a list of advertising client
Recent Resales & Rentals, which should help you in determining a fair resale market value.
I hope this helps and please feel welcome to inquire further!