Whether you are just unable to make it to your timeshare or you are tired of the payments, it can be difficult to exit your timeshare without legal intervention. At Resort Travel Management, we specialize in helping our clients rent out their timeshares so they don’t have to worry about a thing! If you are looking to exit your timeshare, here are four ways to do so without legal intervention. To rent out your timeshare, reach out to us today!
How to Exit Your Timeshare Without Legal Intervention
Call the Developer
In some cases, the timeshare developer may allow you to relinquish the deed through a deed-back program. This process is becoming more and more common, but does not allow you to receive any proceeds from the exit of your timeshare.
Rent it Out
Renting out your timeshare does not allow you to fully exit your timeshare, but you do get to benefit from your ownership in your timeshare. At Resort Travel Management, we will do everything we can to help you rent out your timeshare so you can make a profit.
Gift Your Timeshare
Another way to exit your timeshare is to gift it to a friend or family member. While you are only able to do this if it is fully paid off, it is important to keep in mind that the owner of the timeshare is responsible for any maintenance fees as well as exiting the timeshare down the road.
Use the Resale Market
It is possible to sell your timeshare! However, because timeshares depreciate in value, you will likely not receive any money back and will probably lose money on your sale. If you are considering selling your timeshare, consider renting as well!