ednab2 states in part: >> ... we still have to pay the maintenance until we do sell but we can surrender our membership and pay no more fees. In other words we can GIVE it back to them. << =================================================
It's not at all clear to me from your above post whether you have an actual deeded ownership or a club "membership" of some sort, but it doesn't really matter for the purposes of my response to your posting.
In the current sorry (...and still worsening) economy, many timeshare facilities will not even ACCEPT a deedback, even when voluntarily offered back for free. Charities now routinely reject most attempted "donations" of timeshares, even when all fees are current and up to date. On eBay, there are timeshares offered for a dollar, with seller offering to pay all closing costs --- and many such listings STILL close with no takers. This is the harsh economic reality of the times in which we find ourselves. Timeshares are a luxury item, one which many people now cannot even consider buying (...or keeping).
In short, you may actually be luckier than you might realize if your facility will release you "out" of your obligation by giving the ownership / membership back. That might sound crazy to you at first blush, and surely very difficult to accept, but it is the unfortunate and stark reality of the dire economic times in which we currently find ourseleves. You might very well even find that the deedback option available to you today will be "off the table" tomorrow. This is an option which, however distatsteful and unpalatable it may seem to you, actually warrants some serious thought and consideration.
KC
