I want out of my timeshare, if my resort won’t help me, what else can I do?
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Dear Stacey J,
Quite simply, whether or not some sort of buy-back option was loosely promised to you in the past, it is not in the interest of the Timeshare Group/Resort to take your Timeshare back from you. If they did this, they would effectively be “letting you off” the Maintenance Fees that you would otherwise be liable to pay over the rest of your contract term, which may well be worth tens or even hundreds of thousands of pounds to them.
It is also important to remember that Timeshare is an abstract concept, and is now even more so than it was in the past, as many people have been moved over to points schemes, fractional ownership, floating weeks and similar variants. This means that, to create a new Timeshare contract to sell to a new member is purely a matter of raising some paperwork, as the Timeshare Group/Resort do not need to have a timeshare that they have taken back from you or another member “in stock”. They can just sell a package of points to the new member and add to the over-subscription.
So if you are one of those unfortunate people wondering, how can I get rid my timeshare? We want to convey that the most effective way to get rid of your timeshare is by canceling the contract. Canceling a timeshare has many advantages, but the best thing is that once you cancel your contract, you will have no more financial responsibilities associated with the resort.
At Timeshare.lawyer we have the necessary and legal knowledge to cancel a timeshare contract, so if you want more information, do not hesitate to contact us.