TATOC Consumer Helpline

Email: info@tatocconsumerhelpline.eu

UK Helpline: 0845 230 2430 | 0345 230 2430

FAQ 16: Why do management fees increase?

Management fees (also known as maintenance fees) vary considerably and are dependent on the specific resort/product and the size/amount of timeshare purchased.  Details of the maintenance fees, how they are set, when they are payable, how they can be changed, etc. will be in the Constitution of the timeshare resort or Club.

Maintenance fees are set each year in line with the Constitution and the resort will write to owners with invoice and payment details.  It is best practice for resorts/clubs to announce fees well in advance and to provide owners/owner committees with budgetary information justifying the level of fees set for the year.  Resorts frequently offer incentives for early payment and have the right to apply interest/penalty charges for late payment.

If you have any questions about the maintenance fees for your timeshare product firstly look carefully at your ownership documents for information.  If you need any further information speak directly to your resort or owners committee representative.

Further information on this can be found in TATOC Consumer Guide 61 here.

About author

tatoc consumer help

TATOC, the Timeshare Association, is celebrating its 25th anniversary in 2014. The TATOC Consumer Helpline is TATOC's flagship service providing advice, support and information to timeshare owners and the general public. If you have a question about timeshare, don't hesitate to contact the Helpline team.

Related Articles

Address

Physical Address:
Manchester House
84 -86 Princess St
Manchester
United Kingdom
M1 6NG

Registered Address:
Timberley
South Street
Axminster
Devon
EX13 5AD

Contact Details

E: info@tatocconsumerhelpline.eu
T: UK Helpline: 0845 230 2430 or 0345 230 2430

Registered in England no: 08393380

A Company Limited by Guarantee

TATOC Consumer Helpline is a charity registered with the Charity Commission registered no: 1158892

RSS Feed

On Social Media

Visit Us On TwitterVisit Us On Facebook