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Re: Special Assessments in Orlando? (by R P.):

mentzn wrote:
I just received a special assessment for Sheraton Vistana for $1703. If I don't pay it what happens? I understand I will not be able to trade it but if I just stop paying the maintenance what can they do?

When developer salespeople sell a timeshare they neglect to tell the buyer that maintenance fees WILL rise each year and that possible special assessments may occur.

If you don't pay the special assessment and the maintenance fee, your credit rating will be negatively affected .... the same as any other bill you owe.

Rising maintenance fees and special assessments were the two main reasons we sold all of our timeshares.