We bought into the Grand Mayan, Nuevo Vallarta, Mexico almost 10 years ago. I recently received my 5-year renovation fee notice ($1100). I am not interested in paying this bill or keeping my membership. Do I need to officially cancel my membership? If so, how?? If I don't pay the fee, Vida states in my original contract that it may cancel my membership- which is fine. I am concerned about penalties, fines, damage to my credit report, etc. Please advise. Has anyone out there cancelled a membership with this organization?