ONE OF THE MAIN REASONS you may decide to buy a timeshare unit is that you do not want to do any hands-on maintenance, as you would if you bought a vacation home outright. Still, you likely will want to know where your annual fees are going, and you will certainly want an insider's perspective on what major capital improvements might be planned down the road. Therefore, it is important that you understand the structure of your homeowners' association and your resort's system for making improvements and repairs.