Timeshare owners who are seeking for timeshare relief may not be aware but their decision to get rid of their packages affects not only the timeshare companies but also the rest of the timeshare owners. Not much is known about this matter but it is a good thing to be heard by timeshare owners.Timeshare owners who are trying to be free from their timeshare contracts are doing so because of the responsibilities associated with their timeshares. Aside from the acquisition fee that owners pay for their timeshares, they are also regularly billed for the maintenance of the units as well as other special assessments that timeshare companies deem necessary for them to pay. And these charges continue to increase.
This financial burden makes these owners decide to get rid of their timeshares. However, this move will not only endanger the timeshare company but also the rest of the owners who will continue on keeping their timeshares. The maintenance fees that they will be leaving behind will now have to be handled by those keeping their packages.
The owners association will have to divide the amount to all owners to be able to continue on with the upkeep of the units. If the necessary payments will not be collected, the daily operations of the timeshare resort will be affected. If the operation of the resort will not be maintained and more owners will be dissatisfied with the service of the resort, they might end up getting rid of their timeshares themselves and the cycle will continue.
This is not to discourage you from getting rid of the package it’s just that other owners should know about this as well.
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