Marriott EOY and Maintenance Fees

[dioxide45]

I tried searching this and couldn't find an answer.

I understand that Marriott bills 50% of the annual MF amount on an every year basis. This brings up a question when transferring ownership. In what year does the buyer become responsible for the fees? If a week has first usage in 2010 then is the buyer responsible for the 2009 then 2010 fees, or are the fees for 2010 and 2011 cover the usage week in 2010?

I guess is really doesn't matter as long as before reselling the timeshare one pays an even number of yearly dues in conjunction with the usage years.

When Marriott sells a new EOY when to they begin billing for MF, in the first usage year or the year before?

 

[Dave M]

The answer to your first question is that it's a matter of negotiation between buyer and seller as to who pays for a non-use year. Thus, if you sell an even EOY in early 2009, you could stand on principle and ask the buyer to pay for 2009, but it might cost you the sale.

I don't know when Marriott starts billing for an EOY that it sells.

 

[Jpollo]

I just purchased an 2010 EOY and will be paying the 2009 fees. I didn't think to negotiate, but rather I always factored in the MF status when I made bids on properties (e.g. MF Paid + Year Available = Willing to offer a bit more)

Jason

 

[JimC]

I believe when I bought my EOYs from MVCI that I paid the dues when the first use year began.

 

[thinze3]

I believe that Marriott would look at it similarly to the way they do for an EY timeshare. You are billed and expected to pay for your week BEFORE you use it. If you plan on using your week in 2010, Marriott would want the entire week (1/2 in 2009 & 1/2 in 2010) paid before that use. IMO

Of course, as stated above, every sale is a negotiation between two people.


Terry

 

[gregloucks]

Our Waiohai weeks are EOY, and the first year of use is 2009. They were a direct purchase from Marriottt (my lazy purchase) in May of this year. I expected to be billed for 2008 and 2009 fees, so that we would have paid a full year's fees before getting a year's use. Surprisingly, when I called owner services a while ago to check on the bills for the 2008 fees, they told me that I would only have to pay the 2009 fees.

 

[thinze3]

Our Waiohai weeks are EOY, and the first year of use is 2009. They were a direct purchase from Marriottt (my lazy purchase) in May of this year. I expected to be billed for 2008 and 2009 fees, so that we would have paid a full year's fees before getting a year's use. Surprisingly, when I called owner services a while ago to check on the bills for the 2008 fees, they told me that I would only have to pay the 2009 fees.

Is it possible that you paid 2008 fees at closing?

 

[gregloucks]

I thought the same thing and checked because it seemed too good to be true, but they were not paid at closing. I am not sure if this is policy or if it was an isloated error. I was even hesitant to call owner services and "stir the pot" but decided to do so rather than risk having unpaid fees for a year (since I hadn't recieved a bill nor were the 2008 fees posting as payable on the website).