Are you feeling trapped in your Marriott Vacation Club membership and wondering how to get out of it? Don’t worry; you’re not alone. Many people find themselves in similar situations, and there are ways to terminate your membership.
Understanding Your Marriott Vacation Club Membership
Before we get into how to exit your membership, let’s first understand what it entails. The Marriott Vacation Club is a timeshare program that allows members to purchase points that can be redeemed for vacations at various resorts worldwide. Members are required to pay annual maintenance fees, which cover the cost of resort upkeep and other expenses.
Why Do People Want Out?
There are several reasons why people may want to exit their Marriott Vacation Club membership. Some common reasons include:
- Difficulty booking vacations at preferred resorts
- Rising maintenance fees
- Change in financial circumstances
- Lack of use or interest in the program
- Unforeseen life events such as illness or death
Options for Exiting Your Membership
Now that we’ve explored why someone may want out of their Marriott Vacation Club membership let’s discuss the options available.
Sell Your Membership
One option is to sell your membership to someone else. There are resale companies that specialize in buying and selling timeshares, including the Marriott Vacation Club. However, keep in mind that resale prices may be significantly lower than what you paid for your membership.
Rent Out Your Points
Another option is to rent out your points to other travelers. There are several websites where you can advertise your points for rent. However, note that Marriott enforces strict policies regarding point rentals, so make sure you understand these rules before proceeding.
Donate Your Membership
If you’re feeling charitable, you can donate your membership to a nonprofit organization. However, keep in mind that not all nonprofits accept timeshare donations, and those that do may not be interested in your specific Marriott Vacation Club membership.
Terminate Your Membership
Lastly, you can terminate your membership with Marriott Vacation Club altogether. The process of doing so will depend on the terms of your contract and the type of ownership you have.
Steps to Terminate Your Membership
Here are some general steps to follow if you are interested in terminating your Marriott Vacation Club membership:
- Review the terms of your contract to understand the cancellation policy and any penalties
- Contact Marriott Vacation Club Member Services to initiate the termination process
- Provide written notice of your intent to cancel and include any required documentation such as ownership certificates or deeds
- Pay any outstanding fees or balances owed on your account
- Confirm that all ownership rights have been transferred back to Marriott Vacation Club
Conclusion
Exiting a Marriott Vacation Club membership is not always straightforward, but there are options available. Whether you choose to sell or rent out your points, donate your membership, or terminate it altogether, make sure to review the terms of your contract and understand any penalties or fees associated with each option. With careful consideration and proper planning, you can successfully exit your membership and move on to other travel opportunities.