The Marriott Timeshares Which Require a Developer Right of First Refusal Process

Marriott Vacations Worldwide has the first right to purchase many of the Marriott timeshare and fractional interests that are sold on the secondary market. Basically, what this means is many resale contracts must be submitted to Marriott for review prior to closing. If Marriott feels the purchase price is below market, they have the right to assume the position of the Buyer in the contract and purchase the ownership from the Seller at the contracted price.

When Marriott exercises their right of first refusal (ROFR), the original Buyer is released from the contract to purchase. The Seller continues on with the closing as before, only now they are deeding the interest back to Marriott. The terms of the sale remain the same, except that a third-party closing agent is no longer used- as Marriott handles the new deeding process internally.

The purpose of Marriott's Right of First Refusal process is to help control and maintain the value of their timeshare properties. All aspects of a sale are considered by Marriott. While the ROFR process can be frustrating to a buyer, the end result can be positive for all owners- as consistent decisions for ROFR help to maintain a more consistent resale market for owners. During the recent challenging economic period, Marriott has become far less aggressive in assuming contracts. A possible result of this inactivity is the decline in resale prices over the past year.

If you are the buyer, and Marriott exercises their right of first refusal and replaces you in the transaction, any funds you have deposited into escrow should be promptly refunded in full. You can then make another offer to purchase a Marriott Vacation Club resale.

Right of First Refusal is required for the following resorts:
Aruba Ocean Club 

Aruba Surf Club

Barony Beach Club

BeachPlace Towers

Canyon Villas at Desert Ridge

Club Son Antem 

Custom House 

Cypress Harbour
Desert Springs Villas II

Grande Ocean 

Marriott Grand Residence Club at Lake Tahoe 

Marriott Grand Residence Club at London

Grande Vista 

Grande Chateau
Harbour Lake

Imperial Palm Villas 

Kauai Beach Club 

Ko Olina Beach Club 

Legends Edge at Bay Point 

Manor Club at Ford's Colony 

Mallorca 

Marbella Beach Resort

Marco Island

Maui Ocean Club

MountainSide

Mountain Valley Lodge 

Newport Coast Villas 

Ocean Pointe 

Oceana Palms

OceanWatch Villas

Phuket Beach Club

Playa Andaluza

Ritz Carlton Club at  Aspen Highlands

Ritz Carlton Club at Bachelor Gulch

Ritz Carlton Club at Jupiter 

Ritz Carlton Club at Kapalua Bay

Ritz Carlton Club at San Francisco

Ritz Carlton Club at South Beach 

Shadow Ridge

St. Kitts Beach Club

Summit Watch

SurfWatch

Timber Lodge

Villas at Doral

Village d'Ile-de-France

Waiohai Beach Club
Willow Ridge Lodge

Right of First Refusal is not required for the following resorts:

Birch at StreamSide

Douglas at StreamSide

Evergreen at StreamSide

Desert Springs Villas I

Fairway Villas at Seaview

Frenchman’s Cove

Harbour Club

Harbour Point

Heritage Club

Monarch

Ritz Carlton Club at St. Thomas

Royal Palms

Sabal Palms

Sunset Pointe

To begin the Right of First Refusal process, an executed  copy of a valid purchase and sale agreement must be delivered to:

Marriott Vacation Club International
Resale Operations
Attn: ROFR
8403 South Park Circle, Suite 600

Orlando, FL 32819

The required response time varies by resort and can take from fifteen to thirty days. Be sure to allow sufficient time in your closing estimation for this process. If you would like to know the specific response time for a particular Marriott timeshare or fractional property, email me and I'll be happy to respond.