Marriott is a global leader in the timeshare industry. With 50 resorts in seven countries around the world, Marriott Vacation Club is committed to providing you with a level of luxury and service that is matched by few. Their newest concept in Marriott ownership is their Destination Point Program which gives you a level of flexibility that their week ownership does not.
When purchasing Destination Points, you purchase a set number of Beneficial Interests. Each Beneficial Interest is by definition 250 pts deeded to a trust. The cost to transfer each BI ( Beneficial Interest) is $500 with a minimum transfer fee of $3000. You may use these points at any MVC worldwide. If you are already a Destination Point Member, purchasing additional points do count toward elite status.
All sales are Subject to Marriott’s First Right of Refusal (FROR)
When buying or selling destination points that only the current years points are transferable to the new owner. Banked points and single use points ( given to an existing owner as a purchase bonus) do not transfer nor do points which are more than 6 months old when the new owner takes over the membership. In other words, if the seller’s gets new points in Jan, the entire ownership must be transferred and in the new owner’s name by June 30th of that year or the current years points will not be transferred to him.
|Jan anniversary. Has two sets of 2500/each.|