MAINTENANCE FEES

[esco9903]

Can you be sued in Florida for not paying maintenance fees??

 

[moonstone]

Can you be sued in Florida for not paying maintenance fees??

If there is no outstanding purchase loan? Then no. Probably not even a credit hit. Maintenance fees are the payment to use you week/points. If you aren't using them, how/why would they sue you? As often said in these forums, it is always better to try to give the timeshare away before just stopping maint.fee payments. That way the new owners can continue to pay maint.fees and the remaining owners don't need to 'take up the slack' from your missing fees as the utilities, property taxes, insurance, staff wages, and many other things still need to get paid.

~Diane

 

[esco9903]

Thanks for your reply. Have been a happy owner for over 20 yrs. Now the maintenance fees are almost double what a non owner pays!! Summer Bay has no deedback program and not willing to release me. I’m thinking I’ll just stop using and stop paying.

 

[moonstone]

Thanks for your reply. Have been a happy owner for over 20 yrs. Now the maintenance fees are almost double what a non owner pays!! Summer Bay has no deedback program and not willing to release me. I’m thinking I’ll just stop using and stop paying.

As I mentioned earlier, it is much better (and totally allowable, easy & safe) to give your timeshare away first. There is a section in these forums (here; https://tugbbs.com/forums/forums/free-timeshares.55/) where you can post it - no charge! When you dont pay your share of the taxes and all other associated costs for the timeshare upkeep, the maint. fees of the other owners would need to be increased to cover the losses. That scenario happened a few years ago at a timeshare north of Toronto with so many owners stopping maint.fee payments the fees for the remaining owners doubled then nearly tripled, which caused more owners to stop paying, and eventually the resort went bankrupt leaving a lot of local owners who had day use privileges very unhappy.


~Diane

 

[dioxide45]

It will depend. Florida has non-judicial foreclosure for timeshares. This is the cheapest and easiest way for the HOA to foreclose. If you don't dispute the non-judicial foreclosure then it would proceed and is also anti-deficiency. Meaning they can't sue you for any deficiency between what the timeshare sells for at foreclosure (likely $0) and what you owe.

 

[dougp26364]

As I mentioned earlier, it is much better (and totally allowable, easy & safe) to give your timeshare away first. There is a section in these forums (here; https://tugbbs.com/forums/forums/free-timeshares.55/) where you can post it - no charge! When you dont pay your share of the taxes and all other associated costs for the timeshare upkeep, the maint. fees of the other owners would need to be increased to cover the losses. That scenario happened a few years ago at a timeshare north of Toronto with so many owners stopping maint.fee payments the fees for the remaining owners doubled then nearly tripled, which caused more owners to stop paying, and eventually the resort went bankrupt leaving a lot of local owners who had day use privileges very unhappy.


~Diane

It is not always easy to give your timeshare away. There are some that are so undesirable that you can’t even easily pay someone to take them off your hands. We had one such timeshare in Branson, MO that we had attempted to give away, even offering to pay all fees associated with the transfer, which include paying 2 years MF’s up front. There not only wasn’t any takers, there wasn’t even a reply that showed any interest.

The thought that it’s “easy” to give a timeshare away is absolutely NOT true in all cases.

 

[esco9903]

It is not always easy to give your timeshare away. There are some that are so undesirable that you can’t even easily pay someone to take them off your hands. We had one such timeshare in Branson, MO that we had attempted to give away, even offering to pay all fees associated with the transfer, which include paying 2 years MF’s up front. There not only wasn’t any takers, there wasn’t even a reply that showed any interest.

The thought that it’s “easy” to give a timeshare away is absolutely NOT true in all cases.

How did you finally get rid of your timeshare in Branson??

 

[dougp26364]

How did you finally get rid of your timeshare in Branson??

Lemmon Juice is taking it over and offered free deed backs

 

[moonstone]

The thought that it’s “easy” to give a timeshare away is absolutely NOT true in all cases

Agree. I meant easy as in no cost or lawyers needed and little effort to post it in these foums or other places. The elderly couple we got our timeshare from had tried (not sure how hard, they hadn't heard of TUG) for over a year to find a new owner.

~Diane