Timeshare Disposal Tag

RDO’s code of conduct gives enhanced flexibility to “legacy” timeshare owners

RDO (Resort Development Organisation) had been aware of the problems faced by some timeshare owners who bought their timeshare back in the 1980s and 90s, the so-called “legacy cases” when timeshare weeks were sold in “perpetuity” and could be up to 80 years in length. Given this background, in 2015 RDO updated its Code of Conduct to provide more options to owners who wished to relinquish (hand back, dispose) of their timeshare.RDO's updated requirements, approved by the Board, go over and above those covered by law and in addition to it being mandatory for members to have an overall exit...