What are your thoughts on the proposed fee?
After reviewing the exit fee concept as it regards the time share owners, it probably doesn’t make sense to try to collect $20 when someone finally sells a time share. However, since we are excluding them from the process, it simply doesn’t make sense that they should have a vote on establishing a fee that they won’t be paying.
Remember, the amenities vote passed by an almost negligible percent. The time share vote would quite possibly be enough to tip the scales.
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Again, these are comments and opinions on the proposed fee and should not be considered fact unless you verify it yourself.
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1 user commented in " Time shares should not vote on the assessment "
Follow-up comment rss or Leave a TrackbackThe reason for the Time Share properties only paying $20, and for not collecting it, is because of the method chosen for funding the CRF. Choose another method and let the Time Shares properties pay their fair share of the CIF.
And by the way, next time you see the Long Range Finance Committee Chairman, ask him why the Time Share properties won’t be required to pay any of the Capital Initiation Fee, and then ask him how many Time Share properties he owns. Is there a conflict of interest here?