Legal Question in Real Estate Law in Georgia
My wife and I bought an undivided interest membership deed into a campground over 10 years ago for $5,000. This was with the stipulation that we would only pay annual maintenance dues and taxes and get to stay at the campground annually for free for 14 days at a time.
Ten years ago we moved to another state and have not been to the campground since that time. We continued to pay annual maintenance fees until last year after finding out that the owner is in bankruptcy and in danger of foreclosure. Also, they haven't paid their property taxes the past 7 years. We have tried to sell the membership over the years but have not been able to.
Also, the campground last year sent members notice that they are now charging all members a levy fee of $2,000 because of a screwup they made in how the original mortgage was written and they would levy a $200 late fee if not paid within 30 days or arrangements made. Five months later, we received a campground letter stating that they are now charging an annual "base use fee" of $195 and $8 per night use fee in addition to the annual maintenance fee and taxes. We have not paid the campground anything since last year, and just want to get out of it completely. The campground has a deed retirement program but you have to be current and have paid all outstanding payments.
We don't to pay them another cent as we have not even used the campground in over 10 years and have no intention of ever using it. We have excellent credit. If it is put on our credit report as not paying, what kind of ding will it do to our credit?
1 Answer from Attorneys
No one here has the paperwork you signed, so you won't get a meaningful response. Take all paperwork to a lawyer and have them review to see what your obligations are. Simply not paying anything will rarely be the correct response. It would also be poorly drafted paperwork on the part of the campground ownership if their contracts did not leave open the possibility of additional or higher fees, but again, we don't have it to read.
Related Questions & Answers
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
