WHEN OWNER PASSES AWAY

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Original Message:

Re: WHEN OWNER PASSES AWAY (by Lance C.):

dennish144 wrote:
What happens when an owner just stops paying the maintenance fees? Would failure to pay just lead to forfeiture of the timeshare?

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.