August 1, 2012 – Timeshare Voting Process – An investigative reporter from FACTS conducted a fact- finding mission in an effort to add some additional clarity to the subject of timeshare voting procedure for the election of FHPOA Board of Director candidates

August 1, 2012 – Timeshare Voting Process

When fully sold, a Timeshare “unit”/apartment has fifty-two “interval” owners. Each unit is part of one of nine Timeshare Associations.        Each of these nine Associations elects/selects a president, and. these nine presidents comprise the Timeshare Board.

At one time, each unit/apartment designated one “interval” owner to cast its vote by absentee ballot. However, foreclosures and non-payment of Timeshare Association dues have greatly reduced the number of “interval”owners, since these ownerships are deeded back to their Association. Reduced ownership has caused the designation of an “interval” owner layer of representation to be suspended, and the president of each Timeshare Association is now assigned the responsibility for unit votes.

Thus, the current Timeshare Association voting process is, as follows:

1. The president of each Timeshare Association writes a series of questions for the POA candidate(s) and submits those questions to its VRI or RMG Property Manager.
2. The VRI/RMG Property Manager contacts the candidates and asks the questions.
3. The VRI/RMG Property Manager returns the candidates’ answers to the Timeshare Association presidents.
4. Based upon the candidate(s)’ answers, each Timeshare Association president decides which candidate(s) will receive that particular Timeshare Association’s bloc of votes.

NOTE:

VRI (Vacation Resort International) manages four Timeshare Associations, and RMG (Resort Management Group.) manages five.

NOTE:

Other than sending the 207 ballots to the Timeshare Boards, the Fairfield Harbour POA is not involved with the process in ANY way. This is strictly a Timeshare Association concern.