Owners and Guests:
Please be advised that as of 3-19-12, the Atlantic Terrace Board of Directors has made revisions to the Sales Program, Rental Program, and the Right to Use Option. The documents found in the first newsletter sent to owners in February, 2012 have been up-dated and the new versions can be found as posted on the Atlantic Terrace Website. Please be sure you read and review the new provisions in these documents as the January, 2012 newsletter documents are no longer in effect. The new documents will have REV 3-19-12 at the bottom.
Highlights for the new up-dates are as follows:
Sales Program – All weeks (1-52) will now be offered for RTU at $500 with a 25% discount to owners and immediate family members. This group would pay just $375 for an additional week plus the next year’s maintenance fee ($650). This sale will continue to be offered for a limited time.
Rental Program – All Association rentals will now require a 25% deposit (replacing 50%) and a (30) day non-refundable deposit (replacing 60 day). All owner rentals will now allow the owner to determine their own rental rate, their own deposit amount, their own deposit time limit, and either rent the unit on their own and/or hire an agent. All of the Association Rental Rates and other guidelines are now posted on an easy to read document in table form.
Right to Use Option – New language has been added to this document to indicate that the Right to Use fee of $500 now applies to all weeks (1-52).
It is the intent of the Atlantic Terrace Board of Directors to monitor our programs at Atlantic Terrace
and make necessary revisions to our programs as needed. We want to do everything we can to address our owners’ needs in making our resort inviting and comfortable. As mentioned in the last newsletter, we are making all attempts to listen to your ideas and suggestions on how to make our resort a better place to visit.
Submitted by Larry Longman – Communications Committee
Owners and Guests:
A reminder to please check the Atlantic Terrace website at atlanticterracecondo.com on a regular basis for up-to-date information on news/developments at our resort. The Board will be very busy in the next two (2) months, with the intent to keep our owners/guests informed. The members of the Board will be working on all of the important items here at AT as we work on external and internal improvements. Once you are on the website, OWNERS INFORMATION is another area to check
The password should be available to you in our newsletter. This password is case sensitive, so make sure you use capital letters and lower case letters as needed. There may be times we will be posting information in this area, to be accessed by owners only, so be sure you keep the password in a secure place.
On another page of this newsletter and/or on the AT website, you will find a listing for new unit pricing. Be sure you made note on the AT Unit Pricing list that current owners in good standing and their immediate family members are eligible for a 25% discount on purchases for (90) days. The unit weeks may go fast so be sure you are checking the website for available units as inventory may change on a day to day basis. Also, rental guidelines will be changing for unit owners making it not only more appealing for you to rent your unit week, but will also allow you to rent extra weeks at a great price. In addition, the members of the Board will be working on new rental rates for guests, and is planning to publicize the rates sometime in February, 2012. Our intent is to make these rates more appealing to responsible guests desiring a beautiful condo right on the beach, and one that they can afford for all members of their family.
The Board, in developing new pricing for unit weeks, will also be looking at new ways to explain to our buyers/owners the RCI Program. In addition to owners, the RCI Program will also be available to buyers who obtain a “Right to Use” week. Even if you bought unit weeks years ago, you need to hear the exciting new developments by RCI. You can turn a (1) week purchase into (2) or more weeks vacation time at any time of the year. Buying a week now at AT and using the RCI Program means you are also buying points, which permits you to multiply your opportunities to relax. Many school corporations, throughout the country, are moving away from the traditional June, July, August vacation period, allowing families to travel at almost any time of the year. Now, it may not be so critical that you have to buy only the week you are available – you can buy a different week and trade for the one you need by using the RCI Program.
As many of our present owners, immediate family members, and guests will begin the year 2012 vacationing at Atlantic Terrace, the Board requests that you follow-up your experiences at AT by asking you to contact members of the Board directly. Our email addresses can be found next to our names and we look forward to making sure the resort meets your highest expectations at all times. The members of the Board have worked very hard on getting involved at the resort, and, we want to be sure you are pleased with the steps we are taking to make improvements at AT.
The members of the Board wish to thank all of our loyal and faithful owners for giving us, the newly elected Board members, along with the re-elected Board members, the opportunity to make necessary changes here at our resort. This Board has a passion to make our vacation home a place to be proud of, a place to create lasting memories, as you enjoy your visit at Atlantic Terrace Resort.
Submitted by: Larry Longman, Communications Committee
IF YOU PLAN ON BANKING YOUR WEEK(S) WHETHER SPECIFIC CALENDAR WEEKS OR POINTS, ALL FEES INCLUDING MAINTENANCE, TAXES, AND SPECIAL ASSESSMENT MUST BE PAID TO THE ASSOCIATION FOR THE YEAR YOU ARE BANKING PRIOR TO YOUR BANKING THOSE WEEKS OR POINTS.
FOR EXAMPLE, IF YOU ARE PLANNING TO BANK YOUR WEEK(S) FOR 2012, ALL FEES FOR THAT YEAR MUST BE PAID PRIOR TO BANKING