Timeshare Maintenance Fees

Atlantis Resort, Paradise Island, BahamasTimeshare ownership requires that yearly maintenance fees be paid by the owners to assure that the resort is kept up to date and well maintained. These fees cover the cost of running the resort, landscaping, physical property maintenance, insurance, utilities, and replacement of fixtures, furniture and appliances. Maintenance fees also cover the costs of special events and entertainment offered by the resort, as well as offsetting the cost of reduced airfare, car rentals and event tickets. How much you will be held responsible for... Read the rest of this entry »

Do I Need a Lawyer or Broker to Sell My Timeshare?

Cancun Mexico TimeshareWhether you are considering selling your timeshare 'for sale by owner', or have already found a buyer for your time share property (in which case - congratulations), there are a few legalities you will need to consider before closing the sale. In either case, you may be wondering whether or not you need a lawyer or broker to complete the transaction. Timeshare is often considered to be tangible real estate, but it is not subject to many of the rules and regulations typical for traditional real estate property. Therefore,... Read the rest of this entry »