Dues question

[ree123]

I just called MS and accounting closed.. is there any reason why our usual dues taken out for our contracts always came to 152.00 . Monthly taken out about the 16th . Today they took our 350.00? They can't just double our dues, can they ? Or can this be an error ? TIA ... I'm really freaking out if this doubles like this my husband will force me to sell

 

[CarolMN]

Did you buy more points lately? Or maybe VGF direct with an October use year? If not, you'll have to call Member Accounting. I can't think of another reason that would impact dues. Never heard of dues changing without a purchase or sale.

 

[Suzabella]

I think it's an error. They typically won't increase dues in the middle of the year like that. At least not that I've ever heard of.

 

[ree123]

We do own VGF- since phase 1 Use year Sept. I can't figure this out ?

 

[CarolynFH]

If you haven't added on any points recently (this year), it must be an error. Call Accounting tomorrow morning.

 

[DebbieB]

Did you do any pre-payments? I sometimes buy gift cards when my grocery store has extra perks. It will reduce the next months payment, not credit all future payments. So once the pre-payment is gone, it goes back up.

 

[drusba]

According to a Developer Guarantee you will find in the annual Notice of Meeting that you get in Nov, which sets out dues for the next year to be set in Dec at the annual meeting, dues cannot be raised during the year. The exception is when a special assessment is needed to cover uninsured portions of repair costs to the resort resulting from a major catastrophe such as a hurricane, and you would definitely receive prior notice of any such assessment, which would be applicable to all resort owners. That guarantee also does not apply to property taxes but in the case of property taxes, if they end up being more than (or less than) the estimates made for the year, any such excess (or decrease) is added to (or deducted from) the next year's dues before your monthly payments for that year begin.

Thus, unless you did something like purchase more points, or your resort was significantly destroyed by a natural disaster, the dues you are paying monthly should not change during the year.