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Original Message:
Doesn't sound right, somehow... (by KC):
larry444 wrote:Can anyone tell me how long I can legally be saddled with special assessement fees? We purchased two fixed weeks at a Wyndham property in July 2002 and have been assessed $275 per unit every year along with the yearly Maintenance fees. Is there a way to stop the bleed?
Are you certain that these are indeed "special assessments" and not finance charges (or an amortized "conversion fee" to allow your fixed weeks to also have an assigned Wyndham points value?) Ten straight years of annual special assessments is VERY unusual (unheard of, in fact, at least in my own experience). While your special assessment amount is quite small (...by customary special assessment standards anyhow), nearly ten straight years of SA's seems absolutely NUTS.
Have you ever had any conversation with (or requested or received any explanatory information from) the management entity for your particular Wyndham facility? Some Wyndham entities have an entirely separate owners' association (i.e., one which is NOT Wyndham itself). Wyndham Sea Gardens comes to mind as one such example.
If yours is a coastal FL, hurricane prone Wyndham facility (Wyndham Santa Barbara, at Pompano Beach, for one specific example) which has been trashed by hurricanes in the past and was slow to rebuild, recurring SA's MIGHT make some sense, but I have STILL never before even HEARD of nearly a DECADE of annual special assessments in ANY situation...
You won't likely get a well informed answer here in these forums, particularly since the specific resort at issue is unidentified; I'd be looking elsewhere for an explanation. Whoever sends you this annual special assessment bill (presumably a POA or management entity besides Wyndham), is the one and only entity you need to tirelessly interrogate on this matter for a full and detailed explanation. An annual special assessment imposed every year for a full decade is just plain NUTS --- no ifs, ands, or buts about it.
Please let us know what you learn.