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5 Things You Should Know About Timeshare Maintenance Fees

There's nothing worse than signing up for a service and later finding hidden fees that greatly increase the cost of the product. This is exactly how timeshare owners feel when they see their annual maintenance fees increase year after year. It's not common for a timeshare management company to go over what exactly these annual fees cover. In order to get a better understanding of these fees, here are five things every owner needs to know about timeshare maintenance fees:

1. Maintenance Fees Cover Resort Renovations and Upkeep

"Taxation without representation," is an adage that dates back to the American Revolution, yet some timeshare owners feel it's still very relevant when it comes to their payments on maintenance fees. This is because most timeshare owners feel that after they pay their maintenance fee they have no idea where their money is going. So just what are maintenance fees used for?

In most cases, these annual fees are used to make sure amenities around a vacation property are kept up to date. This could include certain facilities like a golf course, pool, spa, or tennis court. In other cases, resorts could use maintenance fees to help pay for utilities and upkeep around the vacation property. This could be certain things like relevant tools, pool equipment, adequate lighting, or safety equipment. Lastly, some resorts will use maintenance fees to renovate units. While this is probably the most beneficial use of timeshare fees, a lot of times it withholds owners from booking availability due to the amount of time it might take to renovate a unit.

It's never fun to be told you owe money when you have no idea where it's going or what it's being used for. Maintenance fees can tend to tread in murky water. This is why your timeshare management company needs to be transparent with you. And if they're not, be sure to ask the question as to where your maintenance payments are headed. It will help you better understand the price and why it could change in the future.

2. Missing Maintenance Fee Payments Can Hurt Your Financial Status

Just like any other major finances, if you miss a due date for a maintenance fee payment, you could be penalized with a late fee, or even worse, your credit score could take a hit. Most owners don't seem to view these annual fees of the same importance as mortgage payments, but since timeshares are considered real estate, evading these assessment fees could penalize you in the same way. Buying a timeshare is no cheap task, not to mention the thousands of dollars you might pay in fees, but you are responsible for these additional fees otherwise it could hurt you in the long run. Let's take a closer look at what exactly would happen should a timeshare owner decide to not pay their timeshare maintenance fee.

In most cases, after you miss your first payment, a collective effort is usually made by the resort itself. In this stage, they'll usually try to reach out to you by phone, email, or letter. After a few unsuccessful attempts, they will take things a step further by handing over your case to a collection agency.

This is where your credit score could potentially take a drastic hit. This could hurt your financial capabilities moving forward. Though, it should also be known that if you sign on with a timeshare cancellation service you could be advised to halt all payments towards any fees. This is why it’s important to find a cancellation service that offers credit repair after your termination. Any negative impact on your credit report that could withhold you from paying for a house or car could potentially be removed.

While foreclosure could potentially be an end result of avoiding payments, it’s important to remember it differs by state or country. So depending on the location of your timeshare, this stage could move slower or faster than normally expected. A foreclosure can be hard to bounce back from therefore it’s important to be informed about these terms within your agreement. 

Everyone forgets to miss a payment now and then, but purposefully avoiding a payment will only end in heartbreak, unless you’ve been advised otherwise by a trusted timeshare cancellation company. It should be noted however that in the end it’s always the timeshare owner’s decision to stop making payments. No other party represented can be held accountable for the halt of payments.

3. The Price of Maintenance Fees Tend to Vary

If you're somewhat new to the timeshare industry, you're probably wondering, "How much do maintenance fees cost?" The answer: They range from a couple of hundred dollars on the cheaper end to a few thousand dollars on the expensive end. It depends on a list of important factors:

  • Type of Property
  • Type of Amenities/Attractions
  • Resort Location
  • Size of Unit/Room
  • Type of Timeshare Agreement

In most instances, owners usually have a timeshare within a resort. This is where services are usually more expensive due to management companies having to handle other expenses like employee wages, upkeep of hotel rooms, and the overall satisfaction of a timeshare community.

While it's hard to calculate the exact price of your annual maintenance fee, one thing is almost for certain – the price of your maintenance fee will increase every year.

4. Maintenance Fees Always Increase Over Time

The timeshare ownership business started in the 1970s. Ever since then, maintenance fees have been on the rise. However, this does not change the sudden shock for a lot of people. At the start of every year, owners will head to their mailbox and find an invoice from their timeshare resort. That's when the frustration sets in. The couple hundred bucks from last year's timeshare fees now cost more than double. So why do these fees always increase?

There are a few factors. One being inflation. Just like how cokes used to cost $0.25, maintenance fees have to match the price of the economy in general. The other main factor in play here is competition. With each resort battling for overall attraction from its vacation goers, the price is only going to keep getting higher. This also comes into play when you get into sales tactics from these so-called timeshare experts. They are quick to tell you about benefits, but will conveniently leave out the fact that your annual fees could increase. Something else timeshare resort customer service representatives usually fail to mention is what happens to your maintenance fees once you pass away.

5. Your Beneficiaries Will Have to Pay These Fees After You're Gone

Leaving behind debt to your beneficiaries is something no one wants to burden their loved ones with, but a lot of the time, owners have no idea that their timeshare management companies have included this into their agreements. There's no worse feeling than knowing that once it's your time to move on, your offspring could inherit something they have zero interest in – being a timeshare owner.

What makes this worse than just your average amount of inherited debt, is that the maintenance fee isn't going anywhere. After you pay it off, it sits and waits to pop right back up the following year. This is why people try to explore other options for vacation ownership that doesn't involve these discomforting conditions.


There's a reason maintenance fees carry such a negative connotation. Whether it's the unbelievable skyrocketing price or unknown destination, these fees carry a lot of weight for many owners. This is what leads people to start looking for a way out of their timeshare.

While certain timeshare companies might tell you to sell your timeshare, contacting a timeshare cancellation team is the only way to get rid of your timeshare once and for all. There are numerous companies with many different ways to get out of your timeshare, so you have to keep in mind that a lot of exit teams can be fraudulent. Be sure to look for a company that has a reputable process approved by review sites like Better Business Bureau, TrustPilot, and Best Company. You also want to make sure that you find an exit team that offers a 100% money-back guarantee.

One company that meets all of these standards is Wesley Financial Group, LLC. These timeshare cancellation experts have a resume full of client successes. This is not to mention the money-back guarantee program that makes them one of the most trusted in the industry. If you want to get out of your agreement and feel you've been wronged by your timeshare company, contact the team at Wesley Financial Group, LLC today.

Wesley Financial Group, LLC, and/or its affiliates, successors, or assigns are not lawyers and/or a law firm and do not engage in the practice of law or provide legal advice or legal representation. All information, software, services, and comments provided on this site are for informational and self-help purposes only and are not intended to be a substitute for professional advice, legal or otherwise.

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