Post reply

Maintenance Fees (by R P.):

marilyn360 wrote:

The present process involved in the timeshare industry of passing on the maintenance fees of non-paying owners to the balance of the owners in a group is not right or ethical. If we are paying additional fees, then we should receive more time for those additional fees. The resorts are re-renting out those units and reaping all the benefits of the increased cash flow while the balance of us pay to keep the organization going. If you review your balance sheets at the end of each year, you will note large negative figures for non-paying time, however; not only is this fee being passed on to us, so are all the additional fees associated with the re-renting of these units which are the same as a regular unit. If any of you feel this is not fair, maybe it is time that we start exchanging names and resorts for consideration of class action concerning what is and has been happening for the last 6 years. Many good people have been forced out of their timeshares that they paid good money for due to the maintenance fee increases being passed on. My contracts show nothing of increasing fees due to another person not paying his/her maintenance fee.

Exactly .... paying owners have to take up the slack for the deadbeats (non-paying owners).

This is also due to the socalled LLC and bogus charities that take timeshare titles but have no intention of paying yearly maintenance fees merely letting the timeshare go into foreclosure. As they say, "they don't give a damn" if other owners are then held financially responsible for their scam. They should all be outlawed and shut down.