Maintenance Fee: A regular charge levied by the management company of a particular resort or the homeowners association responsible for the upkeep of the property. This fee generally also covers taxes, utilities, insurance, and any other costs such as appliances and furniture, as well as any needed refurbishment. Developers trying to promote new timeshare properties will often pay for part of these fees in order to make them seem lower to prospective buyers. When a homeowners association assumes responsibility for maintenance, fees can jump sharply.

 

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