Timeshares have been around since the early 1960s and have drastically influenced how people travel, and the perception of that influence being positive or negative is still debated today.
The joy of enjoying a timeshare can run out quickly, leaving 85% of timeshare owners looking at starting the timeshare cancellation process.
Just because a company is international doesn’t make the increasing annual maintenance fees or special assessments any less frustrating.
What happens after the original timeshare owner has passed on? What if your loved one leaves you a timeshare in their will or a trust? Can you refuse to inherit a timeshare after the owner’s death?
You have the legal right to cancel your timeshare contract, regardless of your reason for doing so. There are Timeshare laws to protect buyers, allowing them a cooling-off period to change their minds. Don’t let anyone tell you that you can’t rescind your timeshare purchase.
In early February, MoneyWise shed light on a Florida-based couple stunned after receiving a bill for $55,000 from their timeshare developer. Sea Club IV Resort in Daytona Beach Shores was once a dream turned nightmare for the Parks family, like many other families across the country.
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