Asked in Debt Collection
What happens when you don't pay your maintenance fee in a timeshare unit?
Failure to pay the maintenance fee on a timeshare unit can result in late fees and penalties. Going to long without paying the maintenance fees can result in being turned over to a collection agency.
Do timeshare owners get year round access to facilities?
No. Timeshare ownership means that you have a certain week of the year for your vacation and that's the time that you can have access to the facilities of your timeshare. If you own a timeshare, you can access only the unit during your assigned week or period. It is also called partial ownership which means that there are also other owners with the same unit which are assigned on other weeks. ...
Asked in Law & Legal Issues, DIY Projects
How do you delete a name from a timeshare property due to divorce?
It can depend entirely on how (in what legal form) the property is owned. Contact and ask your timeshare company, they are experienced at answering questions of this type. If the timeshare is owned conjugally by both parties, it can be a problem who should remain as an owner for that unit. To clear things out, you should hire a lawyer to do the arrangement. ...
Asked in Estates
Can you leave your timeshare to your children?
If not then my wife and i have a big problem as we own a timeshare at Disney World. These have a 50-year life span and we have split the points between our 2 sons. A lawyer OKed this an the sales people at Disney certainly stated this was the case. If not then my wife and i have a big problem as we own a timeshare at Disney World. These have a 50-year life span and we have split the points...
Asked in Government
What is a government program called SAMS-E mean?
STANDARD ARMY MAINTENANCE SYSTEM-ENHANCED It automates unit level maintenance supply, unit status reporting, and provides automated Field/Sustainment support using readiness status reporting and maintenance management tools. It supports Combat Services Support (CSS) Table of Organization and Equipment (TO&E) unit level maintenance elements, and Field and Sustainment maintenance shop production activities. ...
Asked in Investing and Financial Markets
What is the Exact time to buy or sell the share?
You might be asking if when is the right time to sell your timeshare. Deciding on what is the best sales method for your timeshare unit is probably the most vital decision you will have to do. There are several options available to you about the actual sale of your timeshare. You simply have to do your assignment and identify how much your time and energy do you want to devote in this endeavor. Like in condo selling, looking for the right...
Asked in Commercial Property
What contract did Boeing's maintenance services unit get?
Condit's maintenance services unit had a big boost when it won a contract to upgrade the Pentagon's five hundred C-130s, aircraft that had been built by Lockheed Martin. ...
Asked in Mortgages, Property Law, Deeds and Ownership
How can you transfer ownership of a time share property?
selling timeshare the proper way to transfer your interest in a time share is to use a full covenant warranty deed or bargain and sale deed with covenants, being state approved forms that you can get on-line from title companies that do business in the state, and then speak with the county clerk in the county where unit is located to see what other requirements they have, such as additional tax forms that must accompany deed...but a basic suggestion would be to call...
How can I use my timeshare?
Owners can use their specified usage time, rent out their time, give the timeshare time as a gift, exchange internally or externally with the same or other resorts, or sell it. Through the points systems you can exchange your timeshare stays for airline tickets, hotels, travel packages, cruises, and or amusement park tickets. Rent more points from either the internal exchange entity or another owner to get a larger unit or more vacation time or at a better location. ...
How do you perform basic maintenance on a home AC unit?
Change the indoor filter, wipe the indoor unit down, and spray off the condenser ...
Asked in Banking, Franchising, Stocks
What are the risks involved with buying a time share?
Don't buy a timeshare. Let me repeat-- Don't buy a timeshare. People routinely get seduced into thinking their little time in heaven should translate into doing it again and again. Don't be fooled. A timeshare is an expensive hotel room without services. You can buy five-star-hotel services anywhere on the planet for much less and with much greater flexibility. Let me repeat-- Don't buy a timeshare! Pros and cons One of the major benefits of the product is the fact that vacation timeshare is real...
Asked in Housing Associations
Can a coop board sell your apt for lack of maintenance payment?
Read the documents you signed when you purchased your unit. If you agreed to pay your maintenance payment and have not made it, you have failed to keep your agreement. Further, read in the documents to determine the process your governing board follows to collect maintenance payments, including potentially their right to sell your unit to satisfy the debt. ...
Key Timeshare Considerations?
People who want to invest in a timeshare should do some homework before signing an agreement. No teacher ever gave an assignment this much fun, however. The homework for buying a timeshare generally starts by vacationing in one of the timeshare condos or as close by as possible. The Try-out Before buying a timeshare, it's best to try it on for size. Rent for a weekend or stay a week, if possible. Determine how well you as a couple or family can fit...
Asked in Real Estate, Vacation Packages
What is the biggest benefit of owning a timeshare?
This system makes vacation home ownership possible for many people who cannot afford a second home or who otherwise would not be able to enjoy such resort facilities. It is important to remember that purchasing timeshare should never be viewed as a financial investment with the expectation of gaining a profit in either reselling it or renting it to someone else. Timeshare is an investment in lifestyle, in future holidays, in family time together, and when viewed that way it can be...