How to Get Out of a Timeshare Contract

Exit Your Timeshare: We can Help

Having a timeshare contract can come with a number of privileges, such as unique access to a property that you would not have been able to own on your own. Such contracts are usually made on properties such as large vacation houses, resorts, etc. By definition, a timeshare contract is basically a combined ownership of a property, with each owning party usually being allotted a time slot, during which they can use the property at their leisure.

While it can be very advantageous, especially if you are someone who likes to take private vacations, it can be quite the hassle to get out of a timeshare contract, for obvious reasons. However, while it may be difficult, it is not impossible. Following are some pointers on how you can get out of a timeshare contract.

1)   Sell the Property

The best and most obvious way to get out of a timeshare contract can be to simply sell the property. This will rid all the participants of the rights to the properties, and all parties will be free. However, this is also one of the more drastic means of getting out of a timeshare agreement. An alternative is to sell your timeshare to the other parties, at a mutually agreed upon amount, freeing you, the individual, of the timeshare contract.

2)   Rent the Property for Profit

While this is not really a way to ‘get out’ of a timeshare contract, it is effective nevertheless, since renting out the property can generate funds.  Plus, the cheaper prices will create an increasing number of business opportunities for further rentals, at even better prices, with a dedicated clientele and tenants.

3)   Return the Timeshare to the Property

Another effective way, albeit one that does not generate revenue, is to return the timeshare back to the property. This will sever all ties you have to the contract, and you will not be able to return to the property without either paying the requisite amount of purchasing a timeshare once again. However, if you are looking to get out of a contract, this is a good idea.

4)   Donate the Share to Charity

There are a number of charities which accept contracts, and this presents a brilliant way for timeshare owners to take the burden off their shoulders and do some good while they’re at it. Charity organizations may use the contracts for profit, or to host events and such, but  you will be free of the contract in this way.

Get Out of Your Timeshare Agreement Today

Nobody likes to be tied down in a contract, especially if it is related to a property that they have no hopes of using in the future. However, it is always better to think it through and consulting with an expert in order to make an informed decision.

Timeshare Freedom Group works to relieve clients of the stress that comes with a timeshare contract they can’t get out of.  Get out of your timeshare today: call us at (866) 668-6872 to get started!

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