Own several weeks what happens if I stop paying maintenance fee on one of my weeks

[BM243923]

Asking for a friend. They own several winter weeks and one off season timeshare week at the same resort. They plan on stop paying their maintenance fee on the off season week as they do not use it. What happens to their usage on their winter weeks if they stop paying the off season week maintenance fee.

 

[DrQ]

They will have to read their contract. In my case, if you default on one, they lock you out of all properties until you are current.

 

[BM243923]

They will have to read their contract. In my case, if you default on one, they lock you out of all properties until you are current.

That is what I tried telling them. But they think they will be okay with their other weeks. They are an older couple and not concerned with their credit rating, but spend most of the winter at this resort. I think they are going to get a surprise when they try and use their weeks next winter.

 

[dioxide45]

Is the resort not willing to do a deed back? Who is the resort management company?

 

[BM243923]

Is the resort not willing to do a deed back? Who is the resort management company?

They said they do not want to a deed back as there would be 2 years maintenance fee payment required. They are just going to stop paying their maintenance fee next year. The management company is Vacatia. I know they do deed backs but require 2 year maintenance fee. These people do not care but want to continue to use their other weeks.

 

[dioxide45]

They said they do not want to a deed back as there would be 2 years maintenance fee payment required. They are just going to stop paying their maintenance fee next year. The management company is Vacatia. I know they do deed backs but require 2 year maintenance fee. These people do not care but want to continue to use their other weeks.

I would think if they want to ensure usage of their other weeks, then deeding back with two years of fees seems reasonable. I guess if they lock them out of the other weeks they could just pay up.

 

[BM243923]

Just clarifying it is not me, my ownership looks like it is me, but I always will use my week 44. It is somebody who is an owner as the same resort who asked me and we were talking.

 

[VacationForever]

Isn't Vacatia a travel club where you really don't own anything?

 

[BM243923]

Isn't Vacatia a travel club where you really don't own anything?

Vacatia is the management company for The Fort Lauderdale Beach Resort.

 

[chapjim]

Vacatia is the management company for The Fort Lauderdale Beach Resort.

I don't know what "off-season" is for the Fort Lauderdale Beach Resort but I'm pretty sure off-season there is better than the same time of year at a lot of locations. I'd try renting the unwanted week. It's not that hard. List on RedWeek.com, TUG, Koala, and maybe eBay if they really get into it. I'm betting they get some hits.

But, I can all but guarantee that if your friend stops paying on one contract, they'll have a hard time staying there the other weeks. They have a very bad and delusional plan.