Common use of RENTAL COMMITMENT Clause in Contracts

RENTAL COMMITMENT. Owner acknowledges and understands that in listing the timeshare noted herein for rent with Manager, Owner is relinquishing any rights to occupy the timeshare interest listed for rent. Further, Owner acknowledges and understands that all timeshare interests listed for rental are entered into the Ridge Resorts rental availability block of units on a nightly basis, (not a weekly basis) by unit type, not by building designation, and are controlled by the Ridge Resorts as individual nights listed for rent by the listing owner, rather than weeks. Manager may move all rental nights listed to various rental units or buildings to accommodate rental reservations in a manner that allows the rental guest to not be required to move rooms during their stay. All such assigning of rental reservations and unit nights listed is done on a first listed-first rented basis whenever reasonably possible. Owner acknowledges that the Ridge Resorts Rental Program also provides rental services to Manager, the Ridge Tahoe, the Ridge View, the Ridge Crest, and the Ridge Pointe Property Owners Associations, Resorts West Vacation Club, GlobalAccess Exchange Company, LLC (“GAE”), and Orange Lake Land Trust which may take priority over individual Owner rentals. The nightly activity and rate charged (or not rented) for each owner night listed will be reflected on the Owner’s rental statement. A two-bedroom unit with two entry doors and the ability to “split” the unit into a hotel room and a one- bedroom suite, is entered into the nightly rental availability block with the option of renting as a two bedroom, or as a hotel room and one-bedroom suite separately. The nightly availability system is utilized to maximize rental activity and income for the listing owners. An Owner’s timeshare interest must be for seven (7) consecutive nights and the first day of occupancy of the timeshare interest must be a Friday, Saturday or Sunday. GAE members must reserve during the Resort Access booking windows in the room type and season owned. Only GAE members that own or have a Resort Access at the Ridge Resorts can use the Ridge Resorts Rental Program. If GAE member wishes to remove the unit from the timeshare interest from the rental pool, all GAE cancellation rules apply. An Owner may remove their timeshare interest from the Ridge Resorts Rental Program up to eight (8) days prior to the arrival date if no portion of the Owner’s has been rented. If an Owner wishes to occupy any un-rented nights, and such request can be granted by Manager, at its sole discretion, the unit actually occupied will most likely be different from the unit number originally submitted for rental and may even be in a different building at the resort. Owner assumes the responsibility for contacting Manager to learn of rental activity. All rental commitments are subject to change prior to occupancy. Manager reserves the right to establish seasonal cancellation policies and to alter those policies when appropriate.

RENTAL COMMITMENT. Owner acknowledges and understands that in listing the timeshare noted herein for rent with ManagerQM Resorts, Owner is committing one (1) full week, consisting of 7 nights, and relinquishing any rights to occupy the timeshare interest week listed for rent. Further, Owner acknowledges and understands that all timeshare interests the week listed for rental are is entered into the Ridge QM Resorts rental availability block of units on a nightly basis, (not a weekly basis) by unit type, not by building designation, and are controlled by the Ridge QM Resorts as individual nights listed for rent by the listing owner, rather than weeks. Manager QM Resorts may move all rental nights listed to various rental units or buildings building to accommodate rental reservations in a manner that allows the rental guest to not be required to move rooms during their stay. All such assigning of rental reservations and unit nights listed is done on a first listedfirst-first listed first-rented basis whenever reasonably possible. Owner acknowledges that the Ridge Resorts QM Rental Program also provides rental services to Managerthe Ridge Sierra, the Ridge TahoeTahoe Chaparral, the Ridge ViewNorth Lake Lodges and Villa’s, the Ridge Crest, Thunderbird Resort Club and the Ridge Pointe Club QM Property Owners Associations, Resorts West Vacation Club, GlobalAccess Exchange Company, LLC (“GAE”), and Orange Lake Land Trust Owner’s Associations which may take priority over individual Owner rentals. The nightly activity and rate charged (or not rented) for each owner night listed will be reflected on the Ownerowner’s rental statement. A two-bedroom unit with two entry doors and the ability to “split” the unit into a hotel room and a one- bedroom suite, is entered into the nightly rental availability block with the option of renting as a two bedroom, or as a hotel room and one-bedroom suite separately. The nightly availability system is utilized to maximize rental activity and income for the listing owners. An Owner’s timeshare interest must be for seven (7) consecutive nights and In the first day of occupancy of the timeshare interest must be a Friday, Saturday or Sunday. GAE members must reserve during the Resort Access booking windows in the room type and season owned. Only GAE members event that own or have a Resort Access at the Ridge Resorts can use the Ridge Resorts Rental Program. If GAE member wishes to remove the unit from the timeshare interest from the rental pool, all GAE cancellation rules apply. An Owner may remove their timeshare interest from the Ridge Resorts Rental Program up to eight (8) days prior to the arrival date if no portion of the Owner’s has been rented. If an Owner owner wishes to occupy any un-rented nights, and such request can is able to be granted by ManagerQM Resorts, at its sole discretion, the unit actually occupied will most likely be different from the unit number originally submitted for rental and may even be in a different building at the resortrental. Owner assumes the responsibility for contacting Manager QM at any time prior to their week to learn of rental activity. All rental commitments are subject to change prior to occupancy. Manager QM reserves the right to establish seasonal cancellation policies and to alter those policies when appropriate.