Legal Question in Real Estate Law in Maryland

My parents transferred ownership of their Hawaiian timeshare to my and my husband. They paid the assessment dues for 2016, The timeshare is now billing me to pay an additional $762 (which is half the annual assessment fee) because they claim I'm a new buyer. I did not purchase this timeshare; I am a donee. Am I legally obligated to pay the assessment fee so that they receive 1.5 times the amount of the annual maintenance fee?


Asked on 5/26/16, 9:18 am

1 Answer from Attorneys
Robert Sher Wagshal and Sher

Typically in these situations the annual maintenance fee is split pro rata between a transferor and transferee. You need to check the time share by-laws or rules to see if they expressly provide that a transfer generates an additional fee to the transferee. It's unlikely that they make any distinction between a purchaser and a donee, but there may be an exception when it's an intra-family transfer.

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Answered on 5/26/16, 1:13 pm


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