Editing Timeshare (section)

=== Right of first refusal ===
Most timeshare companies retain the [[right of first refusal]] for most of their properties. If that is a case, each owner is required to submit their purchase agreement contract to the developer and ask for a waiver. The developer may decide to exercise ROFR to purchase the subject property, thus refusing the sale to the original buyer.{{cn|date=August 2021}} A transaction is typically exempted from ROFR if the purchaser is a direct family member.

Even though resales come at a fraction of original costs, developers are often reluctant to exercise the ROFR.<ref>{{Cite web|title=Home Page – ROFR Experiences|url=http://rofr.net/|access-date=November 21, 2021|website=rofr.net}}</ref> Many sought-after deeds change hands uninterrupted. When a developer exercises the ROFR, they become the owner and must pay the same maintenance fees and property taxes to the resort's HOA, so they must maintain a healthy balance between inventory ready for sale and maintenance costs.

==== List of timeshare systems with right of first refusal on resales ====

* [[Disney Vacation Club]]
* [[Hilton Grand Vacations]] (excluding HGV at the Flamingo, and all affiliate resorts)
* [[Marriott Vacation Club]]