The affiliation to the RentSure Program only applies from March 2005 for Royal Holiday
Members who have been offered this benefit by the Sales Office and when purchasing their
membership with a minimum of 30,000 Yearly Allotment Holiday Credits. RentSure Program
will be only offered by authorized Royal Holiday Representatives Membership sellers.
In order to apply to the RentSure program, the MEMBER must pay the current RentSure
renovation fee* during January 1st to January 31st. After this date payments will not
be accepted. The Rentsure Renovation Fee only is valid for one year, in the case the
Member does not rent his credits during the corresponding year, the Rentsure Renovation
Fee will not be reimbursed nor can be used for other concepts.
In the event that the MEMBER has not redeemed and/or still has available Yearly
Allotment Holiday Credits, he has the right to submit the rent ONLY through the web
application form, during July 1st to July 31st and must notify whether if he will
submit one or two blocks of 15,000 Yearly Allotment Holiday Credits.
OPERATOR will pay to the MEMBER the amount of $500 US Dollars for each block of 15,000
Yearly Allotment Holiday Credits. The MEMBER can rent a maximum of two blocks per calendar
year. The payment process will conclude between the months of August and September each year.
The MEMBER shall have the right to submit its rental application for up to two blocks of
15,000 Yearly Allotment Holiday Credits exclusively through www.rentsureprogram.com from July
1st to July 31st. Once the Yearly Allotment Holiday Credits are rented, we cannot reinstate
them or reimburse them.
The corresponding RentSure program benefit will be paid as instructed by the MEMBER: by wire
electronic transfer or applied to the Annual Maintenance Fee. If the Maintenance Fee increases
the MEMBER must cover the remaining balance left after the credit given by Rentsure Program.
The corresponding RentSure program payment shall be made exclusively on behalf of the MEMBER,
neither third parties nor relatives.
The MEMBER agrees and acknowledges that the wire transfer receipt is a proof of payment of the rent.
In order to be entitled to apply to the RentSure Program, the MEMBER must be in good standing
in all the membership fees and the Rentsure renovation corresponding payment.
The MEMBER is entitled to request the rent of the corresponding annual number of Yearly Allotment
Holiday Credits assigned to its membership from the corresponding current calendar year, subject
to the terms and conditions provided above.
The MEMBER understands that ONLY the Yearly Allotment Holiday Credits can be applied to the
RentSure Program. Not eligible to be rented through this program: Accelerated, accumulated,
promotion, extra Holiday Credits, bonus credits and the Yearly Allotment Holiday Credits
previously used on reservations.
*The Rentsure renovation fee is subject to changes without previous notice.