Rental Program
Here's how the Program works.
If you need clarification or have questions, contact
Ingrid
at the resort.
Here's a printable form
to fax or
mail. We can't accept email forms because we need your signature
o
The Resort’s Reservations
Department will administer the Rental Program.
o
All Rental Program submissions must be placed in writing and
signed by the owner.
o
The unit must be free of any outstanding maintenance fees or
penalties at the time of submission
to the Rental Program.
o Fax
or mail completed and signed form to the Resort at least ninety (90)
days before the start of
the interval to be rented. Submit one form for each unit and the
relevant week owned.
o
All units will be placed on the appropriate priority list
based upon the date of submission.
Categories for rental are: Studio,
One-bedroom, Two-bedroom, and Three-Bedroom
o
Your submission will be
assigned on a priority basis for rental in the order received for each
week.
There is a priority list for each category.
o
Rooms will be offered and
rented by category and week – not by unit number. Therefore your unit
number
is insignificant in this Rental Program.
o
La Quinta Beach Resort will obtain the best possible rate
for the rental unit. The rate will be the rack
rate for non-members. Resort Owners will receive a twenty-five (25%)
percent discount off the rack rate.
o
Seventy-five (75%) percent of the revenue derived from the
unit rented will be distributed directly to the
Owner/Member whose week was rented. The remaining twenty-five (25%)
percent of the proceeds will be retained by the Association.
o
The Owner/Member will be paid his portion within one hundred
and twenty (120) days after the rental.
o
Weeks submitted to the Rental Program will NOT be
available for deposit with Interval International.
o
Weeks submitted to the Rental Program will NOT be
available for banking at the Resort.
o
If the Resort has rented the unit, the Member may NOT
take it back to use it.
o
If the Resort has not rented the unit 30 days before the
interval dates, the Member may remove it from
the Rental Program in order to use it personally or to deposit it for
exchange with Interval International.
The unit cannot be banked with the Resort after this time.
o
If a unit it removed from the Rental Program, it will not be
placed again in the Rental Program for that calendar year.
o
If the Resort does not rent a unit in behalf of the Member,
the Member will receive NO payment.