Royal Aloha Vacation Club is one of the oldest timeshare clubs in the United States, in fact, RAVC is the very first timeshare plan to register in the State of Hawaii. While the Club celebrated its 25th anniversary in 2002, it is still one of the most unique time share plan in the United States. Although members in Royal Aloha Vacation Club do not have any direct real estate interest in any of the Club's properties, they have a perpetual right to use to all units currently owned or may be acquired in the future by the Club. Such right is freely transferable, with a modest transfer fee, to member's heir(s) or any parties designated by the member.