Glossary

Free Account Registration: Sets up a new  personal member account and enables members to enter a property registration, save posted trade wishes,view all essential details of the trade choices available and ask and get answers on specific trades from other trade parties.

Match Process Fee: This one time $49.95 match process fee  paid to PayPal encompasses the full trade benefits which enables you to initiate a trade request or accept a request from the other trade party. This fee is for the trade match service. Please remember, you may initiate as many trade requests as necessary, and you will not lose your $49.95 match process fee, if the other trade party declines your request.

Trade Options:A list of trade opportunities matched to your wish and timeshare property.

Trade Request: This is the point at which a trade party has identified a suitable trade option and places a request to trade.

Ready2Trade: The process used to initiate a request to trade, that for security reasons, must be confirmed via your personal e-mail.

Please Respond: The action a trader must take to continue the trade process if he has been requested by another trade party

Confirmed: A confirmed trade is designated by a special security process used to validate and move the trade process forward. This is done through an e-mail, sent directly to your personal e-mail account, asking you to confirm your interest in moving forward with the trade.

Trade Request in Progress: The status of a trade when the property you submitted a request to trade for, and confirmed via your e-mail, is now awaiting a response from the other trade party.

Accepted Trade: This is when a trade request in progress has been accepted by the other trade party and both trade parties are awaiting the final trade confirmation from Timeshare2Swap.

Final Trade confirmation:  This is a notification from Timeshare2Swap that indicates both trade parties are involved in a completed trade.This confirmation also has attached the necessary documents to initiate the closing process.

Closing Documents:Upon the final trade confirmation, both trade party's will receive the closing documents which include the Trade Agreement, Estoppel and Resort Release.

Estoppel: This document is sent to the resort to verify specfic information which includes the following: Resort ownership of week, size and unit, as well as any back taxes, maintainence fees or any outstanding charges or special assesments.