This is the response i received from sunchaser to my question posted below. seems they have an answer to everything
Good morning,
The clause you refer to is again at the discretion of the developer if they wanted to purchase it back, which they are of course not doing as they are not reselling inventory. Any inventory that comes back due to cancellation will ultimately be taken off line and removed from the timeshare regime so the remaining owners to do not have to carry the cost of this inventory. These units/buildings would not be renovated.
As for the renovation maintenance fee, this is maintenance and each owner is billed for their share of the maintenance fee as noted in the contracts. The renovations have already begun at the resort with the 800 building, this should be complete mid-September.
The choice is yours whether you choose to stay or go, I am happy to assist you with any questions you may have.
Regards,
Karen Weyland
Manager - Vacation Ownership Services
Northwynd Resort Properties Ltd.
5799 3rd Street SE
Calgary, AB T2H 1K1
Local 403-517-2601
Toll Free: 1-877-451-1250
Toll Free Fax 1-888-378-4477
Email:
customercare@northwynd.ca
From: Lorraine [mailto:shylow2@telus.net]
Sent: Wednesday, May 15, 2013 8:26 PM
To: Karen Weyland
Subject: Re: Renovation project
I think you are wrong about that, in any case my agreement says that " in the event that default of payment is not remedied within 16 months of the default then I shall be deemed to have offered to sell my interest to the lessor for an amount equal to 50% of one fortieth of the purchase price for an annual lease". There is nothing about me owing you for future costs of renovations that have not even happened yet and may or may not ever happen. I would be sad to leave the resort but I will not pay to leave, that is just ridiculous!!