Original Message:
Re: Question about NO MAINTENANCE FEE Palace resorts in Mexico (by Mike N.):
guys27 wrote:==============kekouri wrote:How much do they want for you to be able to use the RCI and other places leftover weeks???? and for how many weeks? How much is the maint fees & the AI costs?Thanks for responding. From what i understand it is a RTU for a 23 year lease. The owner is asking for a purchase price of $2,700 but will accept an offer. She told me you can use 1 week a year or you can use as many as you want a year, no limit. If this is legit my wife and i are interested because of the "no maintenance" fee. I just need to find out how that works. From what i've read on a few message boards, you only pay the maintenance fee if you actually go to the resort. If u exchange then there is no fee. This is exactly what we would be doing. We have no plans on ever going there. We are just concerned with the senario if we are not able to exchange for whatever reason AND are not going to the resort, Do we then have to pay the MF in that situation? Do we lose the week without paying any fees at all? Here's a quote from the ad with all specs below. "USAGE IS ANNUAL IN FLOATING WEEK!! 25 YEAR LEASE WITH 23 YEARS REMAINING" Location: Puerto Aventuras,Outside US,Mexico Resort Address: Lote 3 Rancho El Trebol Carretera Federal Cancun-T , Kilometro 72 Municipio Solidaridad Bedrooms: 1 Bedroom Bathrooms: 1 Sleeps: 4 Lockout: N/A Points: N/A Maintenance Fees: None Ownership: Right To Use Usage Type: Annual - Every Year Week: Floating Unit: Floating Exchange Company: RCI
============= I’ll be the first to admit I’ve never heard of this particular type of offer so I can’t address all your questions (except for the previously mentioned vacation clubs).
Now onto RCI… First, you would still have to pay annual RCI fees (approx $90) and exchange fees ($169 domestic, $199 for international).
Secondly, since this is not an RCI Points resort, you would need to deposit your week with RCI prior to requesting an exchange and you have NO guarantee that RCI would be able to honor your request. There are many posts on this website telling of the frustrations of not being able to get desired exchanges; to be fair, it’s not just an RCI problem. Good Luck