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Re: Maintenance Fees (by Kenneth K.):

Angel: I think everyone would agree with you. But I don't know how the developers will pay back anything.

Remember....once the place is finished being built and sold, THE DEVELOPER LEAVES. They go to find another place to build and sell. They are no longer connected to the condo or project they sold out.

The people they sold it to are now the deeded owners. (You are one of them) They run the place...through an association of people they usually have voted for. ( Sometimes called a HOA- Home Owners Association).

This association then votes for a management company to run the place. Sometimes, its another division of the developer...as in Marriott, Hyatts, or some Hiltons case. Sometimes the HOA votes for a new management company (via votes from the ownership, too).

A few years ago, Shawnee Villages group of resorts management company was changed to Wyndham Fairfield. ( Some post they bought the place....but the owners are....not Fairfield...( Of course they may get control with taking over units that maint fees were not paid, or having owners of weeks switch to points.....but basic... the folks who paid the developer or those who bought a week on a resale are the owners.

angelmitc wrote:

Problems: 8/2/07 1.continuous rising cost of maintenance fees yearly + additional assessment fees, i.e. $1,800. 2.I want to file a formal complaint on being stucked with high rising costs timeshares but its property value is low, & I want developers to share profits with captured ts owners who are footing all the bills of maintaining the timeshare resorts - at our expense.

Anybody, who agrees with me, I need your name/s, I need your support on these complaints. Thank you.