How to Give your Unwanted Timeshare Back to the Developer

Owning a timeshare is great until you wish to give it back. Different people have different reasons for surrendering their timeshare. Others it could be, they are unable to keep up with the maintenance cost, while for some it could be the death of their spouse/ parent, or extreme financial distress. Sadly, giving it back is not an easy sign-off. It can be a tedious process, especially given the developer is not obligated to take it back. Do you wish to give back your unwanted timeshare? Wondering what options are available for you? Let us look into some of the ways out. Speak to your developer about it Before getting into any agreement, it is always recommended that you conduct due diligence. Have a good grasp of what you are getting yourself into. It is important that you learn some timeshare tips before reaching an agreement.  For instance, from the onset, you should know if your developer allows deed backs. In essence, can they allow you to willingly sign the deed for your timeshare back to the resort? Now, if they have this option, this will mean paying a certain amount otherwise referred to as closing fees. Not to sound pessimistic, … Continue reading How to Give your Unwanted Timeshare Back to the Developer