FNTC
FNTC are the initials of the First National Trustee Company who are the largest Timeshare Trustees in the World. The First National Trustee Company are an independent Trustee company who issue membership certificates to Vacation / Timeshare Owners on behalf of a developer, and hold these units in Trust so that to save guard the purchasers rights and obligations.
The First National Trustee Company have been established for many years and manage some 2.5 billion worth of assets and provide services for some 650,000 consumers Worldwide. The First National Trustee Company also provide some additional services: -
- Legal Structure and set up of resorts
- Administration services and back office processes
- Financial Services, providing consumer credit and maintenance fee collections
- Timeshare Resales stakeholder facilities, holding funds and liasing the transfer of ownership
Go back to Timeshare Glossary of Terms
