Exit Programme Tag

RDO strengthens its code of conduct to give enhanced flexibility to “legacy” timeshare owners

RDO (Resort Development Organisation) has been aware of the problems faced by some timeshare owners, who bought their timeshare back in the 1980’s and 90’s, the so-called “legacy cases” when timeshare weeks were sold in what was called “perpetuity” and could be up to 80 years in length. RDO has therefore updated its Code of Conduct to provide more options to owners who wish to relinquish (hand back, dispose) of their timeshare. RDO's new requirements, recently approved by the Board, go over and above those covered by law and in addition to it now being mandatory for members to have an...