How do I get rid of a timeshare that is paid off?
How do I get rid of a timeshare that is paid off?
- Use the rescission period.
- Call the timeshare developer.
- Rent your timeshare out.
- Sell your timeshare on the resale market (but expect to take a hit).
- Gift your timeshare to a friend, family member or stranger.
Can I give my timeshare back to the resort?
Ask the Resort to Take It Back If you missed the recission period, there are still ways to get out of your timeshare. Some are surprisingly simple, like a timeshare deed-back. This is a legal, low-cost way to give the property back to the resort.
Can you refuse to inherit a timeshare?
Refusing A Timeshare Inheritance As with any property that has been left to you, you are not required to accept it. But in order to decline your inheritance, you must follow your state's laws on filing a disclaimer of interest. Typically, this document will need to be signed, dated, and filed with the probate court.
What is better than a timeshare?
Vacation rentals Vacation rentals are considered preferable alternatives to timeshares because they give greater flexibility in where and when you can vacation.