Special Assessments Usually Contractually Binding
Hello, me again. Most timeshare contracts have a clause's that allow either unrestricted increases in maintenance fees or allow for special assessments. Many times both. If memory serves, there was a timeshare resort in St. Maarten that had a lawsuit pending regarding this very subject. I think it was 2002 or so...I will see what I can discover and let you know.
Charles
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