Quote:
Originally Posted by 1950bing
I had a friend on the board where I used to own and he told me outright that they have to increase paying owners fees to cover for the ones that don't pay.
They would never let that out because that would fire people up but it DOES happen ! Just one of the dirty things about t/s ownership.
For me to "participate" would mean a vote from any owner who wishes to vote on matters that involve owner costs. For a bunch of guys and girls sitting around a table deciding how much money they need from me without informing me is just wrong. I don't trust them.
In short, the board can and will raise fees just because they can !
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You are absolutely correct that those who pay must cover the costs for those that do not. Does your resort have a line in the budget for "Bad Debt"? Then that is what it is costing your owners to cover those who do not pay their share.
It is up to your Association Board to minimize that number by doing everything possible to reduce delinquencies. They also need to assure that unpaid time does NOT get used by the owners but is offered as rental to recover at least some of the income. If done correctly the owners know they will not have use if they do not pay and will lose the unit if non-payment goes on very long.
You participate in the operation of your resort by electing your Board members. They speak for you. It would be nearly impossible to operate most timeshares or even condominiums if it required a vote of all owners to do anything. If you don't like the way your resort is run then vote out the Board and vote in a new group - maybe run for the unpaid spot if you really want to see how things operate and have a hand in it.
Now I realize that some resorts are loaded with Developer lackeys and they do in fact run roughshod over the individual owners. In those cases you have to decide if ownership there makes sense and, if so, if you want to fight to get control for the owners. It can be a heck of a battle but can be done.
One thing for sure just sitting back and saying nothing can be done or that all Boards/managements aren't doing whats best for the owners are false generalities. Many, maybe even most, Boards do the best they can and try to look out for the owners interests. That usually does not mean they never raise fees as it costs money to operate and maintain timeshares. Get involved and you'll learn just how much and why.
