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Original Message:

Timeshare property taxes (by Den):

Agree, property taxes are passed through to owners in the maintenance fees. However, the timeshare Board of Directors should ask management to ensure a proper and current assessed valuation which will likely result in a lowering of property taxes. Actual sales including secondary market sales are an appropriate means of valuation. Pursuit of this would likely result in lower property taxes which would lower maintenance fees for the owner.

Look at it this way - you can buy a Marriott's Ocean Watch ocean side unit for $7,000 right now. Should the assessed value for property tax purposes be $7,000 or some artificial historic value of say $40,000????

Perhaps, Marriott Vacation Club could comment on this as they do the accounting and management for the timeshare properties.