Original Message:
My Timeshare Co. is asking me to pay Annual Amenities Charges for my resort which is still not developed. (by Dayal M.):
I am owner of Timeshare week at Bhimtal Resort, Uttarakhand, India, being developed by Sterling Holiday Resorts India Ltd., since the last 15 years. Uptil now the Company had not asked me to pay AAC (Annual Amenities Charges) as the resort was under development. The co. is now asking me to pay the AAC, although my home resort is still undeveloped. The co. is citing the reason that 'it is a common practice worldwide'. Although I am able to holiday at other resorts by getting exchange through Sterling or through RCI but it is cumbersome to book exchanges and through RCI I have to pay hefty exchange fees. I want to know whether this demand of AAC, till my resort is incomplete, justified.