Maligne Lake , Jasper National Park , Canada
COMMON ASSESSMENT FEES – The Common Assessment Fees ( also referred to as “ Maintenance Fees ”) are paid by Club members to cover the cost to operate and maintain the Accommodations and facilities at the Club Exploria destinations , including resort maintenance , improvements , amenities , landscaping , housekeeping , depreciation , check-in / check-out services , property insurance , property taxes and other service related items . Common Assessment Fees are invoiced annually , around October of each calendar year and are due by January 1 of each year . Club Exploria pre-collects 1 / 12th of the fees each month , with the balance due , if any , each January .
EXCHANGE CREDITS – The currency earned on Exploria Marketplace for timeshare exchanges .
EXPOs – The currency assigned to a member ’ s ownership week ( s ) which is used to make reservations in Club Exploria .
GLOSSARY OF TERMS
EXPLORIA EXTRAS - The official Owner Rewards & Referral Program for Club Exploria Members to share the Exploria Resorts experience with family and friends and earn valuable rewards including cash , vacations , rental cars , and so much more .
EXPLORIA MARKETPLACE – A variety of vacation opportunities , cruises , products and services for which members may redeem their EXPOs . Exploria Marketplace is an on-line service accessible through the secure owner portal of www . clubexploria . com .
EXPLORIA RESORTS – Resorts within the Club Exploria Resort Portfolio managed by Exploria Resorts , the parent brand of Club Exploria .
FIXED OR FLOATING TIMESHARE INTEREST – Ownership interest in a specific unit type at a Resort that includes the right to use accommodations for a 7-day period within an established season each year . The use rights of the ownership interest are assigned to the Club Exploria Trust in exchange for EXPOs .
GUEST CERTIFICATE – A written confirmation that is issued when a Club Exploria member allows a guest to occupy their reserved unit accommodations . A Guest Certificate is required for each unit occupied by guests and in which the member is not present . No fees apply to internal reservations . Fees may apply for reservations booked through the Worldwide Exchange .
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