Timeshare Industry Veteran Tells All

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Original Message:

Re: Timeshare Industry Veteran Tells All (by Lance C.):

cheukl wrote:
What happens if the owner dies. Does the contract go to his beneficiaries?

That depends on if it is a Right to Use (RTU; usually in Mexico) or a deeded property.

If it's a deeded property, the owner's estate still owns it and it is up to the executor of the will or someone appointed by him to find a new taker for the timeshare. His best bet would be to contact the resort's Homeowners' Association and mention that the owner has passed, then ask if the HOA can take it back.

But to clarify on huge misconception, the late owner's heirs or beneficiaries are not obligated to accept an unwanted timeshare. That is a line that many of these Get out of your timeshare companies use to scare owners into using their services.