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Developers(a family) are the only members on the board of directors

May 10, 2011

How can a owner have any pull at all when this is the case?


Colleen K.
May 11, 2011

pixie wrote:
How can a owner have any pull at all when this is the case?
It's almost impossible, to be honest and blunt...

While a resort is still active in developer sales (i.e., is not yet fully sold out), the developer of the property is still the predominant property owner who completely controls the game --- and the rules of the game.

Only after the developer (or the developer's hand-picked stooges and lackeys) departs the scene when the property is largely sold out is there really much of any chance of truly meaningful owner input or influence and / or a owner-based HOA with the owners' (...not the developer's) best interests at heart.

Some people actually adopt the strict personal policy and approach that they they will ONLY buy or own timeshare weeks at facilities which are "owner controlled" and at which the developer and / or the developer's stooges are already long gone from the scene...


KC

Last edited by ken1193 on May 11, 2011 05:03 AM

May 14, 2011

I agree.This is a way to control every aspect of that particular property. I am aware of owners like this that actually have a clause that a hand-picked board (by developer) shall be in control for the next 70 years!!!! I do believe that there is a way to attend the HOA meetings and vote but I'm not sure how. If there is anyone that knows how, please let us know.


Paula D.
May 14, 2011

paulad91 wrote:
I do believe that there is a way to attend the HOA meetings and vote but I'm not sure how. If there is anyone that knows how, please let us know.
Annual meetings are required, but a developer-controlled BOD still sets its' own agenda for any such meetings. As an owner, you may never actually get to vote on anyhing anyhow --- the developer BOD fully controls what gets discussed and / or put forward for a "vote" in the first place...

Developer controlled BOD's are also somewhat notorious for scheduling their meetings on relatively short notice, at inconvenient times and places, thereby making it even more difficult for owners to attend, effectively marginalizing any (minimal, limited) owner presence or voices at the meetings.


KC

Last edited by ken1193 on May 17, 2011 02:49 AM


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