How Do I Get Out of a Timeshare?
Explore your options for exiting a timeshare contract and find the path that's right for your situation
If you're asking "How do I get out of a timeshare?" you're not alone. Thousands of timeshare owners find themselves wanting to exit their contracts every year. The good news is that options exist—but understanding them requires knowing the landscape of timeshare exit.
Timeshare contracts are designed to be difficult to exit. Developers profit from ongoing maintenance fees and have little incentive to let owners go. However, depending on your situation, there are several legitimate paths to freedom from your timeshare obligation.
Overview of Possibilities
Resale
Attempting to sell your timeshare on the secondary market. While this seems like the obvious solution, the reality is that most timeshares have little to no resale value.
Exit Company
Working with a professional timeshare exit company that specializes in helping owners legally terminate their contracts through various methods.
Deed-Back
Returning your timeshare deed to the resort. Some resorts have formal programs for this, while others handle requests on a case-by-case basis.
Legal Action
Pursuing legal remedies based on contract violations, misrepresentation, or fraud during the sales process. Requires working with an attorney.
Why It's Complicated
Timeshare exit isn't as simple as canceling a gym membership. The industry is structured to make leaving difficult, and there are several factors that complicate the process.
Perpetual Contracts
Many timeshare contracts are written "in perpetuity," meaning they never expire and can even pass to your heirs.
No Cooling-Off Period (After Initial)
While most states have a rescission period right after purchase, once that window closes, you're locked in.
Developer Resistance
Resorts profit from your ongoing fees and have no financial incentive to help you exit.
Complex Legal Language
Contracts are written by resort attorneys to protect the developer, not the owner.
When to Seek Professional Help
Consider seeking professional assistance if:
You've tried contacting the resort directly with no success
Your maintenance fees are becoming unaffordable
You believe you were misled during the sales presentation
You've been paying for years but can never book the dates you want
You're concerned about passing the obligation to your heirs
You still owe money on a timeshare loan
You've been approached by suspicious 'exit' or 'resale' companies
Frequently Asked Questions
Can I just stop paying my timeshare fees?
Stopping payments is not recommended as it can lead to collection actions, damage to your credit score, and potential legal consequences. The resort can pursue you for unpaid fees and may even foreclose on the timeshare, which still impacts your credit.
Will the resort take my timeshare back?
Some resorts have deed-back or surrender programs, but they're often selective about which timeshares they accept. Many resorts have no formal program at all. It's worth asking, but don't count on it as your only option.
Can I sell my timeshare?
While technically possible, the resale market for timeshares is extremely limited. Most timeshares have little to no resale value, and many owners find they can't even give them away. Be wary of companies that promise to sell your timeshare for an upfront fee.
How long does timeshare exit take?
The timeline varies significantly based on your situation and the exit method used. Some cases resolve in a few months, while more complex situations involving legal action may take a year or longer.
Is timeshare exit legal?
Yes, legitimate timeshare exit is legal. However, the methods used must be lawful. Working with licensed attorneys and reputable companies ensures your exit is handled properly and legally.
What if I inherited a timeshare?
Inherited timeshares can often be disclaimed or rejected if handled properly and promptly. If you've already accepted the inheritance, you may still have exit options. Consult with a professional about your specific situation.
Next Steps
Gather Your Documents
Collect your contract, payment history, and any materials from your original purchase.
Get a Free Consultation
Speak with a professional who can evaluate your situation and explain your options.
Take Action
Choose the exit path that's right for you and start the process toward freedom.
Ready to Get Out of Your Timeshare?
Take the first step with a free, no-obligation consultation.