The question for the "owners" of the "C" and "D" buildings is - on what will we be paying the special assessment? Our units are being demolished. Under the proposed offer we will have points on what - a random week at a ghost building, and would be obligated to pay for repair of a unit and building which no longer exist. As stated in my previous post, we chose a specific fixed week during the prime season and specific unit for which we could use or trade for a like unit through a third party. As also noted in our original post, we were "pioneer" owners purchasing and supporting with additional assessments our pre-construction units through the Pelican financial crises, the 1997 hurricane and its repairs, and the recent renovation.Since the resort will undoubtedly build on the newly vacant land at some future time (the land is too valuable), "owners" of the demolished units should receive preferential fixed week buy-in prices within the "new" structures based upon the pre-Irma values of their now demolished units. The rebuilt units will in most probability exceed the number of 67 units lost by the demolition of the "C" and "D" units,bringing in "windfall" revenue to the resort when completed. Where is that promised Timeshare Protection Act which the SXM politicians keep touting?

Last edited by jrr1148; 02/18/2018 09:00 AM.