aruba surf club

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Original Message:

aruba surf club (by Lance C.):

peterg218 wrote:
What is RTU and how is it different from a Deed?

The previous posters have given you a great explanation. I would just add that RTUs are usually in countries where foreigners are restricted to some degree of owning deeded property. So to circumvent that, the developer will sell an RTU contract where the "owner" will feel like he owns vacation property but really just owns a contract to use property owned by someone else.