If a developer has unsold weeks in inventory, what is their responsibility?

The responsibility of a developer with unsold weeks in inventory includes paying assessments on those unsold units. This is crucial because, regardless of whether the weeks are sold or not, the developer is still responsible for various costs associated with the timeshare property. These costs can include maintenance fees, property taxes, and other operational expenses necessary for the upkeep of the property.

Developers maintain liability for these expenses even during periods when the weeks remain unsold. This ensures that the property continues to be managed effectively and that all owners, including those who have already purchased their timeshares, receive the benefits of a well-maintained facility. By paying these assessments, the developer helps maintain the overall value of the timeshare units and supports the interests of existing owners.

Marketing strategies and pricing adjustments can be part of the developer's overall strategy to sell those weeks, but the immediate responsibility is to manage ongoing costs associated with the unsold inventory.