Original Message:
Sellers of Marriott Timeshare - Assure that Contract specifies who will pay future Timeshare Fees due (by David R.):
I just sold a Marriott Week where Marriott decided to exercise their ROFR . (It was a sale that originated in October). Fortunately, I specified that that BUYER would be liable for ANY future timeshare annual maintenance fees. If I had not, the standard Marriott ROFR requires current owner to pay upcoming maintenance fees (in this case, they were insisting that the 2025 maintenance fee be paid by the seller). Given that Marriott sometimes takes 60-90 days to complete, I urge all Sellers to specify that ANY maintenance fees due after sale date of contract will be paid by buyer. Further, I also specified that any "Special Assessment" fees are also payable by buyer (in my case, I learned there was the possibility that my Hawaii property would be subject to a one-time special assessment, so i was trying to assure I mitigate the chance of having to pay unexpected fees to close the sale).
Hope someone benefits from this tip.