How Do Timeshare Recurring Costs Work?
Timeshare recurring costs are fees timeshare owners pay to help maintain and operate the resort. Each of the owners shares in the fee, which is collected by the resort company.
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Use
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Timeshare recurring costs pay for property maintenance, insurance and taxes. The fees also are built up to pay for non-recurring items, such as furniture and decor.
Costs
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The cost of the timeshare recurring fees vary by resort with the range being between $300 to $1,000 annually. The amount also varies with the size and amenities of the timeshare unit and resort. A contract may put a limit on fee increases.
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Method
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The resort or timeshare association will collect the timeshare recurring costs on an annual basis. This happens even if the timeshare owner doesn't use her unit that year.
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