The Association is YOU
Everytime I hear an owner talk about suing the resort for percieved problems or a trip and fall I have to wonder if they understand who pays. The Association isn't some big company with independent income and rich investors - it's them! The income comes only from the owners themselves. When someone sues the owners pay for any attorneys fees, settlement or award. We suffered through that when our resort Association was sued by the Developer and before we were done over $235,000, that had to be raised in part through a Special Assessment, was spent to fight the suit with much more spent by the Developer. What would all that money have bought for the resort instead of lining lawyers pockets?
When you own a condo or timeshare you are "them" so think carefully before suing yourself.
normbailey said:Until now I had only been mildly attentive to this thread, thinking that if anything happens it wouldn't be at my expense other than my loss of privacy against my will.
But, now that we're talking about the potential for an across-the-board assessment applied to all owners, for the sake of recovering costs incurred by a few other owners, now you've got my attention.
Everytime I hear an owner talk about suing the resort for percieved problems or a trip and fall I have to wonder if they understand who pays. The Association isn't some big company with independent income and rich investors - it's them! The income comes only from the owners themselves. When someone sues the owners pay for any attorneys fees, settlement or award. We suffered through that when our resort Association was sued by the Developer and before we were done over $235,000, that had to be raised in part through a Special Assessment, was spent to fight the suit with much more spent by the Developer. What would all that money have bought for the resort instead of lining lawyers pockets?
When you own a condo or timeshare you are "them" so think carefully before suing yourself.