Dear valued Owner, There has been significant commentary in the press regarding restrictions on tourist rentals in Spain (especially in the Balearic Islands and Catalonia) in 2017. We would like to advise you that MVCI Management, S.L. is the licensed and only entity permitted to rent property at Marriott Vacation Club® resorts in Spain on behalf of itself or Owners. Owners who list their week for rent on their own, or through third parties, are at risk of incurring fines up to the value of EUR 400,000. Due to the complex nature of the relevant legislation in Spain, we encourage you to obtain legal advice regarding your individual circumstances prior to renting your weeks outside of the MVCI Rental Programme. If you have any questions, please do not hesitate to contact us by phone or you may email us at Europe.services@vacationclub.com. Warmest regards, Marriott Vacation Club