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Re: Getting rid of a time share. (by R P.):

One more time:

The only way to legitimately get rid of a timeshare is to transfer ownership to someone else. The fact that you still owe money on your original purchase is a negative since no one will buy (or be given) a timeshare with a mortgage. The best thing you can do is learn how to use, exchange or rent your timeshare until it's paid off then you can try to sell or give it away.

Also, what was told you verbally by the salesperson (he said, she said etc) is of no consequence .... the only legal binding is what is written in the contract.