JudyS
TUG Member
I just received an estoppel for a Sheraton week (voluntary resort, no StarOptions.) It contained some very strange language, namely, the following:
The regular periodic assessment levied against the parcel is $0.00 per year.
...
The next installment of the regular periodic assessment is due 01/01/2019 in the amount of $0.00.
This makes it sound as if there are zero annual fees, which I know can't be correct. Is this just a mistake? Or, does "regular periodic assessment" mean something other than annual fees?
The regular periodic assessment levied against the parcel is $0.00 per year.
...
The next installment of the regular periodic assessment is due 01/01/2019 in the amount of $0.00.
This makes it sound as if there are zero annual fees, which I know can't be correct. Is this just a mistake? Or, does "regular periodic assessment" mean something other than annual fees?