Timeshare Maintenance Fees

Timeshare Maintenance Fees - Maintenance fees are established and collected by the Home Owners Association or Resort Management Company to maintain the timeshare, pay insurance, utilities, refurbishing and taxes. These fees vary from resort to resort and with the type and size of the timeshare unit purchased. The cost of resort operation is spread among owners. This fee must also build up reserves to pay for non-recurring costs like furniture, appliances etc. that need periodic replacement and other capital costs as normal physical deterioration occurs. Note - During the active sales period, maintenance fees may be temporarily subsidized by the developer as a marketing tool. When the HOA takes over, fees may rise to unsubsidized levels.

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