Universal Vacation Club is recognized as one of the top associations within the timesharing industry. The Club and its management team have received numerous awards from the American Resort Development Association, Resort Condominiums International, and Interval International and continue to provide top quality care and service to its members. You can truly be proud to be part of this organization and know that your Club is the standard by which other clubs gauge their success.
Your Club relies on the timely payment of maintenance assessments by all Members. As stated in the Club's Rules and Regulations, the obligation to pay maintenance assessments shall be the personal obligation of each Member at the time the maintenance assessments become due and payable, and is not dependent on your use of the property.
Universal Vacation Club's Member Services Department is available to help you! We do not want you to incur any penalties or interest, forfeit the right to use your Membership for any year or even be subject to permanent forfeiture of your Membership. If you have any questions, please don't hesitate to call or write.
The Maintenance Assessment is used for the following activities:
Operating Fund Provides funds for the Club’s current year operations. As in the past, the largest expenditure of operating funds is for the on-site management of the Club’s resorts. In addition to property management, your operating funds provide for on-site Club activities and services, off-site operations that include reservations, reservation systems, hardware and software technologies, maintenance billing, customer service, member communications, general and administrative expenses, legal and accounting fees.
Reserve Expenditures What we did last year is separate out the money that is needed for the maintenance and improvements to the resorts and put it into this new category. This will help make it clear to all members exactly what we are spending at the resorts each year to keep your units and the grounds in good condition. This year the amount is 40.00 per week. This money will be going to maintain and improve all of the individual UVC properties according to what you own, which you will see these improvements when you come to visit us. Some of the highlights this year will be the addition of some Murphy beds in place of the pull out sofa couches, additional lighting in the bathrooms and kitchens, new counter tops in the bathrooms, new pool deck surfaces and surrounding areas at Villa Del Palmar Cabo and Villa Del Palmar Vallarta, the completion of the demolition of the concrete bed bases, painting of the resorts, and some new LCD TVs. We are proud to announce this year, that there will be NO INCREASE in the Operating Fund portion of the 2010 Maintenance Fee Assessment and ONLY a $3 increase for the Capital Expenditure portion, from $37 per interval to $40. Historically any increases are driven by economic impact related to inflation in Mexico without the benefit of corresponding currency devaluation between the Mexican peso and United States dollar. It is important to note that a significant portion of the inflationary increases are directly tied to increasing energy costs and on-site payroll costs. This year, however, got the benefit of the devaluation of the peso to the US Dollar. Thus, the resort operating costs were able to be covered by an amount in US dollars that was similar to 2009. The Club continues to closely manage and control our off-site operating expenses. It is also important to note that the maintenance fees continue to be comparable to other resorts within their respective regions.
Optional Programs:   There are two optional programs included on the bill that members may contribute to:
Eagle’s Wings Foundation Eagle’s Wings is a private Foundation created ten years ago by UVC Board member Jim McCarthy. This organization seeks to improve the quality of life in Puerto Vallarta and Cabo San Lucas for the less fortunate by providing monetary and organizational support to institutions such as orphanages, free medical clinics and school-building projects. Thanks to the owner’s generous contributions, the foundation has collected and donated approximately $ 1,800,000.00 over the last ten years. This year the foundation is asking for a donation of $10.00 which represents $1.00 per year that the foundation has been in existence. The foundation also prides itself on maintaining an extremely low administrative cost, which amounts to less than 2% of its annual contributions. This allows the foundation to maximize its financial assistance programs within the communities that are responsible for providing a great vacation experience to the Universal Vacation Club owners. The foundation appreciates your donations and continued support.
Medical Air Evacuation Insurance program The On Call Medical Air Evacuation insurance program provides emergency air evacuation services from Mexico or any other foreign destination to the United States in case of catastrophic injury to either you or your family while on your vacation or exchange and other very valuable medical travel services. You have the ability to earn a 10% discount by purchasing the insurance program at the time of your maintenance fee payment. For Gold and Villa Preferred Access members only: the standard version of this program is already included as part of your membership. Gold and Villa Preferred Access members my upgrade to the full insurance program for only $15 additional at the time you pay your maintenance fee.
Maintenance Assessment Billing and Collection Policy:
Assessments are delinquent if either the full payment or any of the four payments are not received by the stated due dates.  Late charges and assessments will apply to all outstanding balances. This means that vacations may be used, confirmed or deposited, as long as members are current with their quarterly billing payments. If members are not using the Quarterly Billing Option, assessments must be paid in full before using, confirming or depositing their week.
PAYMENT OPTIONS: Members have two payment options for convenience:  I.    To pay your 2010 maintenance assessments in four equal installments.  Members who opt for the Installment Plan, assessments will be due November 30th, February 28th, May 31st, and August 31st. There will be a nominal $9.70 installment fee for those owners who own one week. For those who own multiple weeks, one fee of $12.70 processing fee will be added for each installment payment. Deadlines/Terms:Members may elect this option upon receipt of their 1st bill. You must re-enroll each year for the installment plan. II.    To pay the entire maintenance assessment in one payment.
ON-LINE PAYMENT OPTION: Now in its fourth season and developed as a convenience to its owners, the Universal Vacation Club offers the ability to make all payments via the Internet, using online payment option and pay the maintenance assessment. If you choose to use this option, a $5.00 credit will be applied to your account. Simply go to www.resortcom.com click on the “login” button to enter the on-line application. Current registered on-line users only need to enter their username and password to gain access to this application. All “first-time” users will need to 1) click on the “here” area within the login page 2) fill out the required information and 3) click the “register” button. Your on-line account is immediately ready for use upon the completion of these simple steps.
October 1-30	Each year, maintenance assessment bill mailed to all members for the following year's assessment. You may opt to take advantage of the Quarterly Payment Option, and be billed out in quarterly installments, beginning with November. Either full payment or the first installment must be received by November 30 to avoid delinquency.
November 1-30	Maintenance fee payments due. First Quarterly installment due for members utilizing the Quarterly payment option.
December 1	Delinquency Date Delinquency Notice mailed to all Members who have not paid. Reservation requests will not be accepted from owners of floating week Memberships. Reservation confirmations (required for check-in) will not be provided to owners of floating week or fixed week Memberships. Existing reservations will be canceled (both fixed and float week Members). Unpaid assessments shall automatically be subject to a 12% late charge. There is no guarantee that a use week will be available, during the year when the delinquency occurred, for reservation by a delinquent Member when the Member's account is brought current.
January 1	A $75 REINSTATEMENT FEE is applied to all unpaid accounts.
January 1	Unpaid assessments shall automatically be subject to interest at the rate of 12% per annum.
February 1	2nd Quarterly instalment due for Members utilizing the quarterly payment option.
February 15	Members who have not paid have their used rights suspended until paid in full.
May 1	3rd Quarterly instalment due for Members utilizing the quarterly payment option.
August 1	4th Quarterly instalment due for Members utilizing the quarterly payment option.
NOTE: ALL NEW MEMBERS WILL RECEIVE THEIR 1ST MAINTENANCE ASSESSMENT BILLING APPROXIMATELY 30 DAYS AFTER MEMBERSHIP PROCESSING. THIS WILL BE DUE UPON RECEIPT.