Marriott Vacation Club is one of the most popular vacation ownership programs in the world. It offers a great way to enjoy luxurious vacations every year with your family and friends.
However, many people are curious about the fees associated with joining this program. In this article, we will discuss everything you need to know about Marriott Vacation Club club dues.
What Are Marriott Vacation Club Club Dues?
Marriott Vacation Club club dues are annual fees that all members of the program must pay. These dues cover the cost of maintaining and upgrading the resorts, as well as the amenities and services offered by Marriott Vacation Club.
How Much Are The Dues?
The amount you pay in annual dues varies depending on your membership level, the size of your unit, and the resort you own at. Generally speaking, larger units at more desirable locations have higher annual dues than smaller units at less popular resorts.
What Do The Dues Cover?
The club dues cover a variety of expenses related to owning a timeshare at Marriott Vacation Club. These include:
- Maintenance: This includes routine upkeep such as cleaning, landscaping, and general repairs.
- Reserve Funds: These funds are set aside for larger maintenance projects or unexpected expenses.
- Taxes and Insurance: The club uses a portion of your dues to pay property taxes and insurance on your behalf.
- Amenities: Your dues also help pay for amenities such as pools, fitness centers, and other recreational facilities.
Are There Any Additional Fees?
In addition to annual club dues, there may be other fees associated with owning a timeshare at Marriott Vacation Club. For example:
- Exchange Fees: If you choose to exchange your timeshare with another Marriott Vacation Club resort or another vacation ownership program, you may have to pay a fee.
- Special Assessments: In rare cases, the club may charge a special assessment to cover unexpected expenses or major upgrades.
- Property Taxes: Depending on the state where your timeshare is located, you may also have to pay property taxes directly.
What Happens If You Don’t Pay Your Dues?
If you fail to pay your annual club dues, your membership may be suspended or even terminated. This means that you will not be able to use your timeshare until you bring your account up to date. Additionally, if you fall too far behind on your payments, the club may take legal action to collect the debt.
Conclusion
Marriott Vacation Club club dues are an important part of owning a timeshare with this popular vacation ownership program. While they can add up over time, they’re necessary for ensuring that the resorts are well-maintained and that members have access to top-notch amenities and services. If you’re considering joining Marriott Vacation Club or already own a timeshare with them, it’s important to budget for these fees each year and make sure that they’re paid on time.
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