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Divi Village Beach and Golf Resort This Forum is for Divi Village Beach and Golf Resort Owners to post/exchange information about their resort. To list PRIVATE rentals,please click here. To list PRIVATE sales, please click here.

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Old Tuesday, May 6th, 2008, 06:39 PM
divilinda divilinda is offline
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Default Buying at Divi Dutch Village

After immensely enjoying my stay in Aruba 3 weeks ago, I'm considering buying a week.

You guys seem very knowledgable about how the timeshare thing works and hope you don't mind some questions

So, for starters, if I rent out my timeshare, how do I let the check-in desk know that someone will be using my week instead of me?

Also, the week is advertised as deeded, but expires in 2036. Would this be a lease purchase instead?

Any suggestions welcome
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Old Tuesday, May 6th, 2008, 10:38 PM
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daka630 daka630 is offline
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Default Re: Buying at Divi Dutch Village

Quote:
If I rent out my timeshare, how do I let the check-in desk know that someone will be using my week instead of me?
Basics:
For a fixed week. You pay your maintenance fee. Divi (North Carolina) mails you the confirmation sheet and notifies
the resort that you are coming for your week. If you rent the week, then call Divi (N.C.) and ask for an updated
confirmation sheet that has the names of those that will be using the unit. Make a copy. Send the updated
confirmation sheet to the unit's renters. It is also good to fax the updated confirmation to the resort's front desk.
For RCI Points - You will have to coordinate with RCI & Divi (N.C.) to assure appropriate documentation reflects renter(s)
name(s).
Do make it clear that they (the unit's renters) are responsible & will be billed for the assorted fees and taxes, charges to the unit, damage to the unit.
Quote:
Also, the week is advertised as deeded, but expires in 2036. Would this be a lease purchase instead?
Reality and advertising often are not equivalent.
Divi Aruba properties are "right of use" - typically, 40 years for a new contract on a unit via Divi.

Resales will give you less years but cost much less. Often, resales are the most cost effective way to pick up a unit.

Basically there are three types of Timesharing that are sold on Aruba.

Information from the old ITR web site:

Deeded:
There is only one resort on the Island which offers this type of Timesharing.
This resort is not built on the Beach but inland on property land and therefore can offer this system.
When you purchase your Timeshare at this resort you will receive a deed, just as you would when purchasing a piece of property.
This system is well known and is readily accepted around the world.

Lifetime Membership:
Most resorts on the Island make use of this system.
On Aruba all beach front property is government owned.
When a developer wants to build a resort he has to make a request to the
government for a piece of property who in turn will grant the developer
the property on a lease basis for sixty years and to be renewed for another sixty years at the end of the first term.
Long lease land therefore is considered on the Island as strong as real
property allowing the lease holder to use the land and the improvements
on it as collateral for bank or other loans.
Most developers create a cooperative association and sell shares in this association to the Timeshare owners.
In effect Timeshare owners get a predetermined number of shares for each Timeshare week he or she purchases.
The cooperative association is managed by a board which is elected by the Timeshare owners.
The cooperative association's board in turn contracts a management team to operate and maintain their resort.
Once all the shares in the co-op have been sold, automatically the resort then belongs in it's entirety to
the cooperative association; in effect the owners.

Right to use:
There are a number of resorts on Aruba that offer this system.
As a Timeshare owner what you in effect purchase is, the right of use of
a specific room, a specific week a year for a predetermined number of years, usually forty years.
So in effect what you do is purchase forty weeks of vacations at a fraction of what it would normally cost you.
The resorts offering this system usually allow the Timeshare owner
to accelerate the use of their weeks thereby permitting the owner to
vacation for multiple periods of a week per year.


If you are considering the purchase of a resale there are some questions to ask.
For a fixed week:
Is the contract an "old" one? For a period of time, into the late 1990's Divi contracts
had a clause that let you *not* pay the maintenance fee if you were not going to use the
week in a given year.
Are there any accelerated weeks left?
If so, how many? Using accelerated weeks can be a nice plus.
Who pays the title transfer fees?
Decide if you want to be involved in RCI Weeks.

For a RCI Points week:
At least initially, you will have some involvement with RCI's points program.
Do study up on it.
The RCI site will have, somewhere, the current disclosure guide.
(a PDF file) for RCI Weeks and for RCI Points.
Obtain the appropriate PDF and review it.

Last edited by daka630; Tuesday, May 6th, 2008 at 10:52 PM.
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Old Wednesday, May 7th, 2008, 11:14 AM
divilinda divilinda is offline
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Default Re: Buying at Divi Dutch Village

---------Do make it clear that they (the unit's renters) are responsible & will be billed for the assorted fees and taxes, charges to the unit, damage to the unit.----------

--------------------

Thank you for the information. It answered a lot of questions.

Once maintenance fees are paid, what additional assorted fees and taxes are charged? Does this apply only if I rent out the unit or also if I use it myself?

Are maintenance fees due at the beginning of the year?
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Old Wednesday, May 7th, 2008, 04:42 PM
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daka630 daka630 is offline
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Default Re: Buying at Divi Dutch Village

Tax and Maintenance Fee due dates

Tax (charge to occupants of the unit at check out)
$3.00 per room per night energy surcharge
$6.25 per studio unit per night
$6.75 per 1 bedroom unit per night
$7.75 per 2 bedroom unit per night
Maintenance Fees:

For Fixed Weeks -
Annual membership fees must be received by the Divi Reservations department by the
first day of the month that is six (6) months prior to the beginning of your vacation week.

For RCI Points -
Annual membership fees are to be paid by the first day of
the month that is one (1) month prior to each Club Member's
"Use Years" as defined in the applicable RCI Points Agreement
or at the time of an application to borrow points from any future Use Year, whichever is earlier.

Note:
The back of the Confirmation sheet provides the terms and conditions associated
with a Divi Reservation made by an "owner"/member.
At the bottom there is a listing of tax items associated with each Divi Resort.
For fixed weeks, the hardcopy billing for the maintenance fee contains a sheet
with the Divi calendar which identifies maintenance fee due dates by Divi week.
The member's section, at the Divi web site, identifies current maintenance fees as well
as upgrade fees, late payment, admin fees, etc.
A web page is also available that provides RCI Points members with the overview of
this program's usage.
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