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Timeshare Coa/Toa

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I have a question that is a little off topic and was unsure where this post should go. Please redirect if there is a better section for my question. :p


Could anyone explain their COA/TOA for me?:ponder:

Is there anything you would change about your COA/TOA or are they pretty well managed with not much room for improvement??? :shrug:


Thanks! :whoopie: :whoopie:
 

Passepartout

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Could anyone explain their COA/TOA for me?:ponder:

Is there anything you would change about your COA/TOA or are they pretty well managed with not much room for improvement???

Perhaps it would be more clear if your question is more precise. Are you asking how a Home Owner's Association or management company works? Depends. If the resort is fairly new and much/most of the weeks are controlled by the developer, that's who makes the decisions. If the resort is 'mature' iow owners hold most of the intervals, they elect a board of directors (HOA/BOD) who serve for a set term- maybe 2 years or so and then others run for and are elected to the board.

What to change? Since every HOA is different, there are different issues. Some are big (read up on the Point at Poipu water intrusion issue), some can be small (which trash pickup company to contract with). If there are things you want to change in your HOA/BOD, run for a seat on the board or publicize to other owners that you will proxy for them (combine votes for a 'louder' say in decision making)

Every resort and/or system is managed differently, and someone always wants change, and someone else thinks things are just fine as they are. That's what it's all about.

Hope this was along the line of answering your question.

Jim
 
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:) Thanks for your input. We are actually writing a paper debating " against COA/TOA reformation " What are your thoughts on the positive impact that a COA/TOA can have on the property or the downside to changing the system? (from a financial/legal/marketing perspective)
 

Passepartout

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Good luck! This would be a subject I'd be uniquely unqualified to comment on. I wish you well on your paper.

Jim
 

theo

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Whose homework is it anyhow?

Good luck! This would be a subject I'd be uniquely unqualified to comment on. I wish you well on your paper.

Jim:
I thought maybe our intrepid visiting "researcher" was next going to just flat out ask you outright to write the paper for him / her, never mind just provide some background and do their homework.
I guess "research" is a bit different in the Internet era than it was in days gone by... :rolleyes:
 

Beefnot

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Jim:
I thought maybe our intrepid visiting "researcher" was next going to just flat out ask you outright to write the paper for him / her, never mind just provide some background and do their homework.
I guess "research" is a bit different in the Internet era than it was in days gone by... :rolleyes:

Do you really need to be this antagonistic? For all you know, they have a very well developed thesis against COA/TOA formation, but are seeking to solicit opposing viewpoints in favor of COAs/TOAs to test how well their position addresses those points. Now, it is very well possible that they have done no work on their supposed research, but you don't know that, and your discourteous attitude only serves to run folks off. Or is that your agenda?
 

Passepartout

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I thought maybe our intrepid visiting "researcher" was next going to just flat out ask you outright to write the paper for him / her....

I kinda thought this was the direction it was headed. Not trying to be antagonistic at all, but when a new 'guest' wants an in-depth discussion of fairly uncommon events, one has to wonder about agenda.

Perhaps the OP will write his/her paper and post it here for perusal and critique by the 'experts' and put to rest that s/he wants it written for him/her. We'll see.

Jim
 

Beefnot

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My point was being sarcastic and condescending before first knowing what angle they are coming from. To act like an attack dog before knowing the deal is unnecessary.
 

dundey

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My point was being sarcastic and condescending before first knowing what angle they are coming from. To act like an attack dog before knowing the deal is unnecessary.

Unfortunately that seems to be the overwhelming response lately here on TUG.
I'm not sure why.
 

smiley15

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Jim:
I thought maybe our intrepid visiting "researcher" was next going to just flat out ask you outright to write the paper for him / her, never mind just provide some background and do their homework.
I guess "research" is a bit different in the Internet era than it was in days gone by... :rolleyes:

Part of our research is to gather opinions from different sources. He simply asked your thoughts on the subject matter, Jim. Your first answer was helpful, but to automatically assume bad intentions on the part of the person asking the question is completely pessimistic. Im sorry if that's how you see life. We're just college students trying to do our research by asking people familiar with the topic. Isn't this what this forum is about?

If you wish not to answer the question, then don't. The negativity around it is unnecessary.
 

ronparise

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its been a long time since I did any research, but I seem to remember that "field work" including interviews with folks that know something about whats being studied was part of the process

I think our guest came to the right place

Just so I understand the terminology; COA/TOA are we talking about Property Owners Associations or Homeowners Associations? or owners groups, like TUG? or what?
 

Beefnot

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Does COA stand for condo owner's association and TOA stand for timeshare owner's association?
 

Passepartout

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Does COA stand for condo owner's association and TOA stand for timeshare owner's association?

That was the assumption I was operating under. Hope it was correct. Just a little unusual for those of us whose TS association is governed by a Home Owner's Association. (HOA)

I still say that regarding changing governance of a TS, it is far more common to incrementally change the rules than to throw out the entire HOA and start over. If that was the question posed by our 'researchers'.

Now, one situation that occurs to me is with independent TSs. There are some of these in the US. I don't know of many (any) in Mexico or Europe or the Caribbean. They start out being governed by the developer. The developer dictates the CCRs, rules, sales etc. But when intervals are majority owned by individual owners, the developer's influence becomes ever smaller and they want less to do with day-to-day operations. Sales slow and they simply don't have inclination to carry it on. Management moves to an entity like VRI, TPI, MROP or others who collect the MFs and maintain reservations, and each TS is governed by a HOA. I don't see it as a negative thing. Just part of the 'maturing' process.

Opinions stated are mine alone. Take them with however much salt you wish.

Jim
 
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Beefnot

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To the OP: do you have an hypothesis/premise for your paper, or a particular facet you are exploring? There have been several threads on TUG I've seen discussing topics like how the owner associations have been or should be dealing with increasing defaults in recent years, the merits of letting the timeshare covenant lapse into condo conversion, etc. Not sure what you would find useful. Can you elaborate further?
 
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Yes, COA is condominium owners association and TOA is timeshare owners association. From my understanding (and correct me if im wrong), these are both types of HOAs.

As far as our premise: we believe that the HOA system that is in place now is beneficial in adding value to the property. We are exploring the POSITIVE impact that these associations have. By gathering opinions and information from various sources and viewing the issue from different perspectives (legal, financial, marketing, etc), we are trying to draw a conclusion on how we can make small changes to the system that is currently in place without an entire reformation.

What I've been noticing from timeshare owners, is that most are extremely angry and unhappy with the HOAs because they believe that their money is being mishandled. Obviously there is a parrallelism between customer satisfaction and the way these association spend their money.
 

Talent312

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We believe that the HOA system that is in place now is beneficial in adding value to the property. We are exploring the POSITIVE impact that these associations have.

They may maintain value by keeping the premises from rusting.
In theory, the maintenance of amenities attracts customers.
But their effect on the value of TS's generally is marginal, at best.

As has been said, they and the industry which spawns them, could assist
in promoting an efficient resale market, but they're clueless in this respect,
and simply suffer unpaid and delinquent fees, shifting the burden to others.
 
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