Vacation Ownership a The Wren
ANSWERS TO FREQUENTLY ASKED QUESTIONS
What is the typical number of days purchased?
The Wren’s intervals are available in one-week increments, with Saturday-to-Saturday stays. You can purchase as many weeks as you wish. Many of our owners have purchased periods in both the winter and the summer.
What are the financial advantages of this type of ownership?
Generally, the cost of ownership pays for itself versus renting a hotel room or condominium within a few years.
Can I sell or rent my condominium or share?
You may rent or sell at any time you wish since you are an owner. Speak with a representative from The Wren for details about our on-site rental and resale programs.
Do I own the condominium for a defined number of years?
All interval sales are deeded with a Special Warranty Deed. It is part of your real estate holdings and can be willed or gifted to others.
What are my options if I cannot schedule my vacation during the week(s) that I purchased?
As an owner, you have four options. Through The Wren, you may put your Interval up for rental. Secondly, you have the opportunity to exchange your week through Resort Condominiums International (RCI), which is affiliated with 4,500 properties in approximately 100 countries. Alternatively, Owners may use The Wren website to trade amongst themselves. This list is available online. Lastly, you can make your condominium available to your friends and family.
Who is responsible for the management and maintenance of the suite or condominium?
A professional management company employed by your association shoulders this responsibility. Currently, The Wren’s management company is East West Destination Hospitality, LLC. The cost of management and maintenance of the property are covered entirely by owners’ association assessments.
Resort Condominiums International
Your Ownership offers flexibility and is hassle free. In addition to using your Condominium, you can use it to trade around the world with Resort Condominiums International (RCI www.rci.com ), you may make the Condominium available for rental, or you can give it as a gift to friends and family.