Condo fees are generally set by an elected council of owners based on actual spending needs. The condo association is also 'owned' by the condo owners, so if it

Condo fees are generally set by an elected council of owners based on actual spending needs. The condo association is also 'owned' by the condo owners, so if it dissolves any assets in the accounts revert to the owners. This means that you are entering into a partnership where the other partners are theoretically acting in your interest. They also come with the legal protections of being real property. Timeshare owners are generally not represented by a committee of other owners, the money does not go to things approved by them, and the company makes no promises about acting in the interest of timeshare owners. So yeah, you are contractually obligated to pay fees for a space you can occupy is where they are similar. There's a reason that timeshares almost never appreciate, often being given away for free, where a condo tends to hold value or appreciate.