| Rent Owner Time/Weeks and Pay Owners |
The system includes the ability for management to rent all or part of the owner's
time regardless of whether or not the owner is fixed week, float week, or any other
ownership type. An owner statement is generated to pay the owner their portion of
rental income. If a reservation spans two or more owners, the system automatically
pays the correct share of the reservation to each owner using only one reservation.
The owner statement includes rental payments to the owner; less management fees,
owner dues, and any direct owner charges. Overdue amounts from previous statements
can be deducted from current rental revenue. Travel agent commissions are automatically
deducted, and a check can be automatically printed.
| Each day of the year can be owned by a different owner! |
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The screen below shows the ownership of Unit 101. This allows the system to pay more than one owner
for a given reservation. In the example below, Owner 101A owns Unit 101 for 03/05/1998 and Owner 101B
owns it for 03/06/1998.
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