WALK AWAY FROM TIMESHARE

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Original Message:

Re: WALK AWAY FROM TIMESHARE (by R P.):

iank29 wrote:
The current owner, just because they accepted a free timeshare or paid for it, didn't agree to an obligation for life that they can't get out of, and that can keep going up and up in cost, particularly in an economy like this. In fact, if they bought it second-hand, they didn't agree to anything whatsoever. If they choose to let it go, or donate it to a 3rd party, that's their option.

If you had thoroughly researched timeshare ownership before you bought you would realize that maintenance fees are part and parcel of owning a timeshare.

Yes, you can let it go (and blemish your credit) or donate it to a 3rd party (if that party wishes to own it and it is transferred correctly), but other than that you don't have much choice. You can pay a PCC $3000+ to take it off your hands and take the chance with some PCCs the ownership is never transferred.

You are in the same predicament that millions of other timeshare owners are facing and there's not an easy answer or a one size fits all in getting rid of an unwanted timeshare.