RTU and Deed
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Original Message:
RTU memberships vs. deeded ownerships (by Lance C.):
karenl1026 wrote:Can a lendor foreclose on a "right to use" timeshare?
No one can foreclose on a Right-to-Use (RTU) because it's not deeded property. It's just a membership. The resort or membership club might terminate the membership. The lender will probably send collection calls after the borrower.