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Re: PV remodel

Greetings, Can anyone update us on the special assessment fees for Club Regina/RVC owners? Did they finally follow their CEO, Doug Bech's, intentions to end special assessments for 5 or 10 yrs (except for natural disasters)? I'm considering buying into Club Regina/RVC via the outstanding resales currently on the market, but will only do this if special assessments are under control for the next few years. Good to see reviews from recent guests are still very positive. BTW: Most major timeshare companies (Marriott & Diamond) have also been applying special assessments/reserve fund collections to maintain or improve property conditions. These are usually for major remodelling or structural updates to the buildings. They often appear simply as increased maintenance fees, but if you review the fine print you should see a significant amount of the totals are often for reserve funds/special assessments. Note: The best approach is a modest reserve fund collection every year ($100- 200) will allow for most major remodelling or structural repairs every 5 years, but mgmt company must be disciplined in retaining the reserve funds for that purpose. Some reallocate the funds to replenish unpaid maintenance funds and later lack needed reserve funds. Appreciate any updates. E. Cordova