I feel your frustration. Unless you are married to your timeshare, you can’t divorce it. You must get the title to the deed in someone else’s name. No “legal separation” or “estranged” relationships with a timeshare are possible.
You are stuck with the timeshare unless you sell it or give it away.
Can I Divorce My Timeshare? No. However you can dispose of it.
Can I Give Away My Timeshare?
A friend of mine answers that question like this: “Do you have a relative you really don’t like? Give it to them.” Donating or giving a timeshare away may not be a good deal – especially if the recipient is not able to handle the maintenance fees and hassle of planning their vacation six months in advance.
Can I Sell My Timeshare?
Yes. Before you sell your timeshare you need to check your timeshare purchase paperwork and see exactly what it is you own. There are times when timeshare buyers end up with something completely different than what they thought they were buying. Also, be sure of whether it is annual, odd year, or even year usage. The wording is a little different in every timeshare deed but it should be there somewhere.
The next step would be to decide that you are serious about selling it. That translates into – “Set the price lower so a buyer will buy sooner.” I have encountered some timeshare owners who thought they should price their timeshares so that they could make a profit. Some have even told me they added in the cumulative costs of all their maintenance fees in their asking price. That is absolutely no way to realistically approach the task of selling your timeshare. No one wants to try to sell the highest priced item when others are priced less. Sometimes FAR less!
Finally I would recommend getting help from a timeshare resale specialist who already knows of the right title company to handle the transaction, escrow, transfer, right of first refusal, and so on. Don’t trust those details to the inexperienced only to have a sale fall through.
If you have doubts or questions about how to go about selling your timeshare call on a timeshare resale specialist who has been in the business for a long time. The folks at RPMLS.com are just the ones to do the job and get it right the first time. It is worth checking out. Having sold and closed over $100 million in timeshare speaks volumes about their abilities!
Timeshare resales done right.