• The TUGBBS forums are completely free and open to the public and exist as the absolute best place for owners to get help and advice about their timeshares for more than 30 years!

    Join Tens of Thousands of other Owners just like you here to get any and all Timeshare questions answered 24 hours a day!
  • TUG started 30 years ago in October 1993 as a group of regular Timeshare owners just like you!

    Read about our 30th anniversary: Happy 30th Birthday TUG!
  • TUG has a YouTube Channel to produce weekly short informative videos on popular Timeshare topics!

    Free memberships for every 50 subscribers!

    Visit TUG on Youtube!
  • TUG has now saved timeshare owners more than $21,000,000 dollars just by finding us in time to rescind a new Timeshare purchase! A truly incredible milestone!

    Read more here: TUG saves owners more than $21 Million dollars
  • Sign up to get the TUG Newsletter for free!

    60,000+ subscribing owners! A weekly recap of the best Timeshare resort reviews and the most popular topics discussed by owners!
  • Our official "end my sales presentation early" T-shirts are available again! Also come with the option for a free membership extension with purchase to offset the cost!

    All T-shirt options here!
  • A few of the most common links here on the forums for newbies and guests!

Maintenance Reserves

taloa

TUG Member
Joined
Jun 7, 2005
Messages
64
Reaction score
8
Searching for names of timeshares in FL whose maintenance reserves are up to date.
 

moonstone

TUG Review Crew: Veteran
TUG Member
Joined
Jun 6, 2005
Messages
2,852
Reaction score
2,929
Location
Moonstone, ON
Resorts Owned
The Beach Club at St. Augustine Beach, FL (1 floating week, purchased in 1982)

77,000 RCI points (Sunrise Ridge Resort, TN)
Probably quite a few since the new Florida law for condos (including timeshares) over 3 stories must not only have building engineer inspections, but show they have sufficient money in their reserves. Deficiencies in that 2nd part is resulting in big maintenance fee jumps for many folks.

Our timeshare in St. Augustine Beach (RCI #0890) has always had good reserves and in our over 40 years of ownership we have had 1 special assessment (equal to the same years maintenance fee) to cover repairs from a hurricane that insurance didn't cover all of, and that was about 30-35 years ago. We did just have a big jump (about $200.) in annual maintenance fees this year but the biggest part of that was a spike in insurance premiums and second, the cost of supplies (cleaning, activities...).


~Diane
 

taloa

TUG Member
Joined
Jun 7, 2005
Messages
64
Reaction score
8
Thanks Diane

I have been told that there is a TS
in Ormond Beach -Daytona area
that has 100% up to date reserves
 

TheHolleys87

TUG Review Crew: Veteran
TUG Member
Joined
May 7, 2015
Messages
2,208
Reaction score
1,641
Location
Texas
Resorts Owned
DVC Boardwalk Villas, Kona Coast II
I believe the DVC resorts are all up to date, including Vero Beach.
 

dioxide45

TUG Review Crew: Expert
TUG Lifetime Member
Joined
May 20, 2006
Messages
48,915
Reaction score
20,344
Location
NE Florida
Resorts Owned
Marriott Grande Vista
Marriott Harbour Lake
Sheraton Vistana Villages
Club Wyndham CWA
I am not sure what you mean by "up to date with reserves"? Do you mean reserves are fully funded? Do you mean resort and room renovations are up to date? Reserves for one property will be very different from another property.
 
Top