The following page answers some of the more commonly asked questions about timeshare ownership and other aspects about the subject of timeshare. As in any advice section, there are exceptions to any specific situation. The cost of resort operation is spread among owners via an annual maintenance fee. The fee must also build up reserves to pay for non-recurring costs like furniture, appliances etc.
Cost is established by the developer or homeowners association.
When a developer is in control, maintenance fees may be temporarily subsidized by the developer as a marketing tool while there is sales activity. After the homeowner association takes over, fees may quickly rise to unsubsidized levels. These assessments are passed by the association board of directors. Severe storm damage would be an example where an extra assessment would apply. Timeshare ownership is an investment in quality vacations.