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The timeshare deeds do NOT state any such obligations (by Carvan A.):

ian139, you say there is "no contractual obligations" set out in the body of your acquisition deed. What you need to understand and no one has addressed this point is that you purchased the timeshare subject to the terms set out in a declaration filed in the deed records by the developer. As part of your due diligence prior to the purchase you should have read this declaration.

The deed usually refers to the declaration on file but its failure to do so does not free you of those obligations. They run with the land. The declaration requires you to pay the annual maintenance fees set by the owners association together with any special assessments. You cannot simply walk away from the timeshare without serious financial consequences. Your failure to pay the maintenance fees/special assessments allows the owners association to file a lien against your interest in the property and to ultimately foreclose that lien thereby taking back ownership of the timeshare.

The foreclosure will cause at least a 100 point drop in your credit score and possibly more as it will be on the public records and will be picked up by all three major national credit reporting agencies.

You can certainly compound your potential financial and legal problems by knowingly transferring the timeshare title to a sham corporation. Prosecutors always look for intent and your postings indicate an intent to defraud the timeshare and the owners who collectively will have to pick up the slack if you transfer title to a dummy corporation.

You apparently did not have an attorney involved in the purchase process but hiring one in the disposition process will be money well spent.