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Re: WHEN OWNER PASSES AWAY

[Q=dennish144]What happens when an owner just stops paying the maintenance fees? Would failure to pay just lead to forfeiture of the timeshare? [/Q] That usually is the case. Of course, the resort or its management company would sent the owner a number of letters and phone calls threatening collections before foreclosing. The risk the owner takes is that he might face a ding on his credit score or rating which could affect future efforts to get a loan or mortgage.