This auction involves a timeshare vacation club right at Hacienda del Mar resort in Vega Alta. The homeowners association is collecting unpaid maintenance fees totaling $25,693.77 for unit A501, week 20. The property is a Vacation Club Right coupled with unit A-501, granting use during week 20 each year through 2070, with Hyatt Vacation Club membership and exchange privileges. The owner holds a 1/52 share of 2.63132% in the regime's facilities and common expenses. Buyers should note this is a timeshare interest subject to priority reservation rules, ongoing annual maintenance obligations, and the association's preferential lien for unpaid fees. The debt represents accumulated maintenance charges. Any prior or preferential liens will survive the sale, and the winning bidder assumes responsibility for those encumbrances.
Vacation Club Right corresponding to unit A501 of HACIENDA DEL MAR., Vacation Club Regime, located in the Sabana Ward of the Municipality of Vega Alta · Puerto Rico
Propiedad Multivacacional: unit week (20). This specific Vacation Club Right is coupled with a special property right to the Unit A-501 and includes the right to use such unit during the first (20) week of each year until December 31, of the year 2070, such week commencing at 12:00 noon on the FIRST (20) Saturday of each calendar year and ending at 12:00 noon of the same day of the following week, coupled with the membership in the Hyatt Vacation Club or a successor club. Notwithstanding this specific vacation club right allocation of a right to use a specific week in Unit A-501, the use of the said unit during the described time interval is subject to the exercise by the owner of certain priority rights during a fixed period of the time prior to the commencement of said interval. In the absence of such exercise, other owners of vacation club rights in the Haciendas del Mar, Vacation Club Regime and other owners of timeshare or vacation club rights in the resorts throughout the world affiliated to the Hyatt Vacation Club, may use the unit to with this vacation right pertains during the above described interval on a first come, first serve reservation basis, and the owner of this vacation club right may use units of this Vacation Club Regime and in such other affiliated resorts, as more fully described in the Deed of Dedication of hacienda del Mar, a Vacation Club Regime to the vacation club regime. This vacation club right has been assigned a share of 1/52 of 2.63132% in the Facilities and common expenses of vacation club regime
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