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Herein after called the Owners, and Aruba
Resort Rentals, a division of Blue Chip Investments N.V., an Aruba corporation
hereafter called the Company with offices at Palm Beach # 186, Oranjestad, Aruba
D.W.I.
PARTIES AGREE TO THE FOLLOWING:
The owners hereby grant the non- exclusive right to the Company to rent their
Timeshare week(s) listed below on the open market.
The Owner warrants and represents that he/she
has good title to and the right to rent the above listed week(s) without any
violation of any rules and regulations of the resort owned at, as well as Local
(Aruba) laws.
The Owner warrants that the maintenance fee(s) is/are paid for the current year
and that there are no debts related to the above listed Timeshare week(s) that
would impair the rental thereof.
The Owner agrees to hold the Company, its
representatives, agents and employees harmless against any claims resulting from
any eventual dispute with the resort as to what or how much is owed by him/her.
In the unlikely event that any fees are owed to the resort which would impair
the rental of the Timeshare week(s), the owner hereby grants full authority to
the Company to pay these from the rental sum, prior to making any disbursement
to him/her.
The Owner hereby grants authorization to the
Company to verify all information supplied herein, with the resort.
The Company shall receive as compensation for
renting the Timeshare week(s) a commission of 25% (Twenty Five percent) of the
rental sum charged for the unit/week(s).
The Company hereby agrees to use its
professional skills, knowledge and experience to the best advantage of both
parties in renting the Timeshare week(s).
If the Owner desires to withdraw the Timeshare
week(s) from rental, he/she must notify the Company immediately and in writing
of his/her desire to do so. However if a deposit has been received on the
unit/week(s) by a renter, then the Owners cannot withdraw the week(s) from
rental.
The Company agrees to turn over the proceeds of
rental less its commission and within 30 days after the unit has been used. A
banker’s check in the name(s) of the Owner will then be made and sent by
registered mail.
The Owner hereby acknowledges having read and
understood the above and declares that the information supplied by him/her is
truthful.
This agreement has a duration of a period of up
to and including the rental week(s) or earlier if cancelled by the Owner.
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