Original Message:
Re: Re: My timeshare is paid in full, but I just don't want it anymore (by KC):
kcn wrote:They told me that they don't deed back or buy back but that the legal department may offer me a quitclaim deed. <snip> What am I to do? I am very willing to just hand it over and they just continue the maintenance fees/membership. And how are they allowed to charge the fees but we are not allowed to give back the timeshare? Please help me!
First and foremost, sincere thanks to your husband for his dedicated service to his country and also to you for being there for him. Military life is very difficult and I sympathize with your having to deal with the burden of a timeshare ownership that you cannot use but which nonetheless continues to drain your finances.
Without knowing the identity of the company involved (I hope that it’s not Westgate), it’s hard to offer specific guidance. However, you mention (as quoted above) having been informed of the possibility of a quit claim deed which, in this situation, would be the instrument to effect a ”deedback”. If that “deedback” option exists, then it is something that you should pursue immediately, energetically and relentlessly. You indicate that a quit claim deed “may be offered”, but “may be offered” doesn’t cut it. You are going to have to press much harder to get a clear and definitive “yes or no” answer and, if yes, learn exactly how to initiate that deedback process and then promptly follow through from start to finish. Deedback involves financial loss, but it is almost always the cleanest and most efficient avenue to lawfully and permanently part company with a timeshare ownership that you don’t want and cannot sell. You won’t get a nickel for it (you may even have to pay for the “privilege” of giving it back), but this is still the best avenue to pursue for a clean, prompt, guaranteed, lawful exit”. You really need to make this a priority and get on (and then stay on) their case with unrelenting persistence to receive, execute and return a quit claim deed. If you are unwilling to just stop paying and let them go right ahead and foreclose, then relentlessly running this deedback option to ground is definitely the way to go.
Like it or not, annual fees are a contractual obligation associated with any timeshare ownership anywhere. Unfortunately, that contractual obligation exists (and continues to exist) whether or not you ever even use the ownership. However unwelcome, those fees are a legal fact of life in any and every timeshare ownership.
Whatever you do, DO NOT get involved with (or send any money to) ANY so called “exit / relief / escape / rescue” outfit. They are ALL just thieving parasites who cannot do ANYTHING for you that you cannot do for yourself, but who will gladly take your money anyhow. Don’t sign any agreements with any of these larcenous weasels and don’t even think about sending ANY of them a single penny.
I hope this helps. Good luck.