Royal Islander Owners Timeshare Group
362 Tuscany Crescent, Tecumseh, Ontario N8N 4W6, Canada.
Phone Message 519-
Renting your Unit
This is what we will do when we rent your unit:
Advertise your Unit on our Website .
On a "best efforts basis" find you a suitable tenant at a pre agreed rental fee up to the deadline date
Once a rental is agreed prepare and have signed a suitable lease agreement.
Collect all the monies owing including a deposit representing 50% of the rental fee and the remaining balance 150 days before the rental period.
Please understand the rent for the week is paid to you on completion the rental week.
You are required to pay the maintenance fee for the week in question.
Provide the tenant with a letter of introduction confirming arrangements, ensure the maintenance fee is paid prior to the Rental and obtain the acknowledgment of the Royal Islander.
You agree to:
Advise the terms of the rental and a transaction date deadline.
Once we have a rental sign a letter of direction for the Rental Unit confirming no other arrangements for the Rental Unit has been made.
Ensure the maintenance fee for the unit is paid for the rental week prior to the rental.
Agree to pay the "RIOTG" a 18 % fee (Minimum Fee charged is $150 per week) of the rental price to be paid from the proceeds of the rental.
Last Minute Rentals handling fee is 25% Any Rental transaction that is arranged within 45 days of usage the (Minimum Fee charged is $200 per week) of the rental price
Renting a Unit from an owner at the Royal Islander
You agree to pay all the monies owing -
Upon full payment we will provide written confirmation of the Rental
We have been helped many owners in renting out Units that would have otherwise been left empty or banked with little hope of using the time and/or finding accommodation for owners and friends wishing to visit St Marten and staying at The Royal Islander Club.For more information on member services, please email us firstname.lastname@example.org
The "RIOTG" is able to act on your behalf and handle the sales transactions. This way, your privacy is assured and protected from what can be unpleasant "negotiations". We charge no fee to handle the purchase but the Resort charges a $285 Documentation Registration Fee for a purchase -
We will do the following for you:
Present your offer to the owner and negotiate a satisfactory resolution to the purchase price
Prepare and have signed a suitable buy/sell agreement.
Upon full payment from the you ,the purchaser which will be held in escrow by our Canadian Attorney we will commence obtaining the necessary ownership certificate the Unit from the Resort.
Upon finalization of the foregoing we will arrange delivery of the ownership certificate to yourself and pay the Owner.The process takes generally 90 days after all documentation has been received and payment has ben made
We will place your Advertisement on our Internet site
Negotiate with and find you a suitable purchaser at a pre agreed Sale Price.
Prepare and have signed a suitable sell agreement.
Collect full payment from the purchaser which will be held in escrow by our Canadian Attorney pending the completion of the necessary transfer of right to use.
Upon finalization of the foregoing all funds payable in US $ will be sent to you the Owner.
You agree to pay the "RIOTG" 15% (Minimum fee is $400) of the sale price upon finalization of the sale.
Please be cautious of the many timeshare companies promising to sell your unit but who want an up front fee to do so!
member services, please email us email@example.com