TATOC Consumer Helpline

Email: info@tatocconsumerhelpline.eu

UK Helpline: 0845 230 2430 | 0345 230 2430

FAQ 15: What are management fees and what do they cover?

When you purchase a week of timeshare, points in a timeshare points-club or other long-term holiday ownership products an initial purchase price is paid to the vendor for which you receive the right-of-use of the product for a given number of years.  Full details of this right-of-use will be in the contract and/or governing documents.  In addition to the initial purchase price ownership also requires the payment of an annual charge – often referred to as the resort maintenance fees or management fees.

These fees are collected each year and are used for the management and maintenance of all the resort accommodation, grounds and facilities. A small amount is often included in the fees to act as a ‘reserve fund’ or ‘sinking fund’ to cover unforeseen eventualities or any major refurbishment that may become necessary.
When purchasing a timeshare or similar product from a developer, resale agent or private vendor the documentation you will be asked to sign will include a legal commitment to comply with the governing document of the product (often called the Constitution or Regulations).  This includes a commitment to pay the ongoing annual charges.

Further information on this can be found in TATOC Consumer Guide 81 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


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

Registered Address:
South Street
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