Here is a “starter list” of questions to ask and get full answers to:
1) Do you understand all the terms and conditions of the contract?
2) What are the current maintenance fees?
3) What is the five (5) year history of those fees?
4) Are there any special assessments and if so, what are they and what are they for?
5) Is the HOA (Home Owners Association) under developer control or owner control?
6) How much of the resort is sold out?
7) Does control of the HOA change at any point based on how sold out the resort is?
8) What is the current delinquency rate among owners?
What would you add to this list?