Right of First Refusal lets developers block resales that would undercut new unit prices

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Nearly all timeshare contracts include a Right of First Refusal (ROFR) clause giving the developer up to 45 days to match any third-party offer on a resale, during which time the seller continues paying maintenance fees. Developers exercise ROFR selectively: they buy back prime units at pennies on the dollar to resell at full retail, and let undesirable units pass through, effectively controlling secondary market pricing. This persists because ROFR is presented as 'protecting property values' but actually prevents owners from setting their own price, the 30-45 day review window kills buyer interest and adds transaction costs, and no state law limits how developers can use ROFR to suppress the resale market that competes with their new sales pipeline.

Evidence

https://libertytimeshareresolution.com/the-right-of-first-refusal-the-timeshare-clause-that-can-trap-your-resale/

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