May 19, 2008

What happens when the deed expires?

Dear emidsouth_inc,

What happens when the deed expires? do you have to repurchase it? or if voted to extend will it be for just the maintanance fees.....?

Hi, Great question. When 2022, you will not incur any additional costs and you will pay your MF's as usual. Owners will decide to extend, and it will be a seamless process that way. Depending on the resort, you'll receive new paperwork. Hope this helps, and happy to answer further questions.

Kind regards,
Francene

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