Saturday October 24, :00 a.m.

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1 August 2015 Captain s Quarters at Surfside Resort Condominium Association CALL FOR NOMINATIONS Enclosed is a Candidate Nomination Form which must be completed by any owner who wishes to be on the ballot to run for the two Board positions for a three (3) year term. Please remember that participation as a Director does not include compensation for one s time, but does require a lot of love and caring for Captain s Quarters. You must be willing to attend meetings at the Resort, telephonically or at locations deemed most convenient to a majority of the Board. Our next Owners Annual Meeting is scheduled for Saturday, October 24, 2015, 10:00 a.m. at Christ the King Church. Prior to this meeting you will receive a short biography on the candidates. Enclosed with that mailing will be a Proxy to use if you cannot attend the Annual Owners Meeting. It is most important that you return the Proxy if you cannot attend. We, the current Directors, wish to thank our fellow owners who have been of tremendous support to us in the past. Please return the Nomination Form by September 1, 2015 to the following address: Secretary Captain s Quarters at Surfside Resort Condominium Association Post Office Box 399 Hyannis, MA Mark Your Calendars! Captain s Quarters at Surfside Resort Condominium Association Annual Meeting Save the Date! Saturday October 24, :00 a.m. Christ the King Church Please mark this date on your calendar and plan to attend. Further information on the Annual Meeting will be included in the next edition of the newsletter. InnSeason Resorts Development Project InnSeason Resorts is pleased to announce that RiverWalk at Loon Mountain, its newest, most exciting development project to date, is entering into Phase 2 of Construction Pricing. Over 30% of the inventory of this luxurious condominium resort in downtown, Lincoln, NH has already been sold. Whole ownership, fractional and seasonal options are available. To learn more visit or call (603) Inside This Issue Message from the General Manager Pre-payment Plan Option Change of Ownership Policy Resort Calendar Candidate Nomination Form

2 Hello all. I can t believe it has been a year already. In the past year the resort staff has worked hard to make your week at Captain s Quarters as enjoyable a vacation as possible. The two biggest improvements we have implemented are complimentary WIFI and new couches in every unit. Both improvements were clearly needed and have been well received by owners each week. We have also committed resources to finding a permanent solution for the ongoing leak issues at Captain s Quarters and I am pleased to say we have made tremendous progress. We have identified a product called Flex Stone that seals concrete permanently and has worked well on the concrete we have applied it to. Fixing all the leaks will take time but I am confident that the resort will be leak free in the near future. In 2016 Captain s Quarters is planning several more improvements to the resort. We are hoping to replace the slider drapery, upgrade the TV s in the bedrooms and install glass cook tops in the kitchens. I hope you all continue to enjoy your vacation experience at Captains Quarters for years to come. I am confidant you will as we continue to improve the resort. Sincerely, Message from the General Manager Tim Sieurin General Manager, Inn Season Resorts Captain s Quarters Remember the Pre-payment Plan Option Using the Pre-payment Plan option to pay your maintenance fee offers many benefits. 1. Your bill is split up into more manageable, monthly payments. 2. Avoid receiving one large bill during the holidays. 3. The earlier you sign up, the lower the monthly payment. For Example: - Sign up in January and pay about $50 per month for 12 months. - Sign up in June and pay about $100 per month for 6 months. So by the time next year s bill is due you will only owe a small amount for any increase in the new year s fees. No matter how you look at it, it s a wise choice to make. So simply go to login to the Online Owner s Area, choose the appropriate contract then look for the Monthly Payment Plan option on the left navigation. Change of Ownership Policy The economic conditions of the last few years have taken a toll on most with many families struggling to make ends meet on a regular basis. It is unfortunate that in desperate times there are those who seek to take advantage of families looking for relief. Over the last few years we have warned you about various scams where companies offer to take your timeshare week, usually for a fee somewhere between $3,000 and $5,000. These fraudulent companies may or may not actually transfer the week out of your name and to make matters worse they have no intention of ever paying the maintenance fees associated with the week. All this translates into problems and liability for you and for the Unit Owners Association. For example, if the week is not transferred out of your name you will still be responsible for the fees. If the week is transferred out of your name and the annual maintenance fees are not paid, then the Association has to foreclose on the week in order to clear the title and then attempt to re-sell the week to another dues paying member. The scams are numerous and varied in nature and even sound legitimate at times. These transactions are having a negative impact on the resort and its finances. WHAT YOU NEED TO KNOW After seeking legal counsel, the Captain s Quarters at Surfside Resort Condominium Association has adopted a formal Change of Ownership Policy. As such, the following policies are necessary to allow the resort (1) to do appropriate background searches to identify the potential involvement of a Relief Company one which assumes ownership of an interval without a good faith intent to also assume and satisfy all of the assessment and ownership obligations associated with the transferred interval. (2) to recover the cost of such searches, and (3) to stop these transfers before they are finalized for the purpose of protecting the interests of all owners and the financial security of the resort. The policy is downloadable from the Online Owners Area on 2 August 2015

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4 PRST FIRST U.S. POSTAGE PAID CURLEY DIRECT P.O. Box 399 Hyannis, MA ADDRESS SERVICE REQUESTED Captain s Quarters (508) Fax - Captain s Quarters (508) General Manager - Tim Sieurin (508) Website Exchange Information Interval International (800) RCI (877) VRI*ety (888) Vacation Owner Services/VRI (800) Maintenance Fees Payment Plans Changes/additions to Ownership nememberservices@vriresorts.com Important Numbers Captain s Quarters at Surfside Resort and Vacation Resorts International (VRI) Managed by Vacation Resorts International Perfecting the Art of Hospitality Central Reservations (800) Information and Assistance Fixed Week Reservation Float Week Reservation Bonus Time Rental Program Deposits with Exchange Company innseason@vriresorts.com Still Need Assistance VRI Corporate Services (508) VRI Fax (508)

5 Captain s Quarters at Surfside Resort Condominium Association Candidate Nomination Form The following information is needed to place your name on the ballot for election to the Board of Directors. This information will be summarized in the next notice mailed to all owners. Please be brief and write legibly. Name: (Please print) Interval Week(s) Owned: Address: City: State: Zip: Telephone Number(s): (Home) Address: Education: (Work/Cell) Qualifying Experience: Objectives: Candidate s Acceptance Signature: Date: Becoming a member of the Board of Directors is a major responsibility and requires a firm commitment. Please do not volunteer unless you are willing and able to make this type of commitment to your Resort. In order to ensure that your name appears on the ballot for consideration by your fellow owners, this data must be received by the Secretary on or before September 1, Mail or fax this Candidate Nomination Form to: Secretary Captain s Quarters at Surfside Resort Condominium Association P.O. Box 399 Hyannis, MA Fax No.: PLEASE FOLD OVER, SECURE STAMP AND MAIL TO ADDRESS ON REVERSE

6 -Please Fold Here- PLACE STAMP HERE Please check if new address Secretary Captain s Quarters at Surfside Resort Condominium Association Post Office Box 399 Hyannis, MA Please Fold Here-