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Re: Why does Maintenance Fees increase? (by R P.):

I, too, have questioned why maintenance fees continue to rise each and every year? It would seem to me that a resort with 500 units, each with 51 owners (considering it's sold out) with maintenance fees of $700 from each owner would total $35,700 per unit per year with total maintenance fees for the year for the resort being $17,850,000 (17 million 850 thousand dollars). This seems very excessive to me. I realize that maintenance fees also cover grounds, pools, housekeeping, maintaining units, replacing furnishings and appliances (every 5-7 years), exterior maintenance, employees etc. but if a resort has enough fees in reserves, the maintenance fees should NOT rise each and every year ...... (note: math is not my strong suit, so the numbers may be a little off, but you get the picture).

This is one of the MAIN problems, along with special assessments, that we had with owning timeshares, however they (developers) never tell you maintenance fees will rise each and every year and you may be slapped with possible special assessments some years when they're trying to sell you a timeshare.