CAREERS

Are Timeshares an Archaic Thing of The Past?

Are Timeshares an Archaic Thing of The Past?

This article is written from the perspective of Susan Rodgers, who’s been featured in multiple lifestyle publications.

When searching for the perfect timeshare to spend your vacations, do you ever ask yourself, “Are Timeshares an Archaic Thing of The Past?” Most people would say absolutely yes! Most people would say absolutely yes! With the rise of vacation clubs, Air BNB, hotel and airfare apps, traveling these days is easier and less costly than ever before! “Timeshare” is no longer what it once was. So, why burden yourself with all the baggage that goes with timeshare? Yes – pun intended!

The Reality of Purchasing a Timeshare.

According to Hospitality.net, 32% of timeshare owners wouldn’t purchase another timeshare and nearly 90% of them regret they did so in the first place. They now wonder how to get out of their timeshare ownership so that they can grasp a new modern and affordable way to explore the world. They can also sleep better at night once they find a way to dump their timeshare and not worry about being bombarded with ongoing fees and unexpected expenses due to being an “owner” of a timeshare.

Not only have timeshares lost their value and appeal, they’re just not logical anymore. Why waste money on the cumbersome costs associated with a timeshare once you own one? It costs thousands and thousands of dollars to make the purchase before you’ve even traveled anywhere! If you’ve got a few thousand dollars to spend on a dream vacation (like that weekend in Fiji, or that Alaskan cruise), it’s easier to research your options (via your phone or computer) and invest in a one-time trip! Today, it’s more affordable than ever to travel to exotic places across the world! Plus, you’ve got no rules on when you can go and where you can stay. You can plan ahead or be spontaneous and do what you feel like doing at the time, instead of being given a small option of places to go.

But the reason you’re probably even reading this is because you don’t know how to get rid of that vacation dinosaur of the past, your timeshare. many of you realize that once you are able to put it behind you, then the real dream of adventure in travel can begin. Timeshare needs the boot! It’s obsolete. This makes those who prey on travelers to purchase a timeshare even more desperate to sell you one.

The Manipulation of Timeshare Sales.

I’d also like to address the whole nightmare of the manipulation on how you were burdened with this thing in the first place, sign here, sign there, free this, and free that, all under the auspices of a lavish free meal or adventure. Remember what your parents or grandparents used to say, “There’s no such thing as a free lunch”? I hate to say it; but they’re right! You’d be better going online for a half price meal or an adventure on Groupon, rather than obtaining it through some timeshare salesperson who will lie, cheat and use whatever malicious tactic they can to get you to sign the dotted line and spend ridiculous amounts of your hard earned money on a mainly useless piece of property.

Once You’ve Taken the Bait, Promises Aren’t Kept..

The real true nightmare is once you’re saddled with a timeshare, people often start by dropping twenty, thirty thousand or more for one week a year to participate in their timeshare – if they are even lucky enough to get the dates they hope for. Then there are the mandatory maintenance fees, taxes, the ongoing property maintenance fees if something goes wrong at a property you “own”. Yes “own.” If you really own it, then why can’t it be a tax deduction like your other property taxes? You own houses and cars, but do you really own a timeshare?

These so called deeds or deeded properties are not worth the paper they are supposedly written on. Oh yeah, just think, in the next couple of years, you could own a timeshare in the devastated terrain of Puerto Rico or the volcano ravaged areas of Hawaii – you could easily receive a ten thousand dollar bill or more for repairs any day now. How crazy! You shouldn’t have to spend all that hard earned cash for one or two weeks of a vacation. It’s ridiculous and you know what? It’s wrong in all aspects. It’s got to stop. I haven’t even broached the whole “perpetuity scam” of how your timeshare will burden your loved ones you might want to pass it on to. Don’t do it – get out while you can.

How We Help You Dump Your Timeshare Mortgage.

Our company has not only had ongoing success and one of the world’s most renown source of legal teams behind us to get you out of timeshare forever, it’s also surprisingly affordable. We don’t rely on gimmicks and expensive marketing plans that make your costs higher for our services to get that timeshare monkey off your back; you’ve already spent too much money on your archaic timeshare with its draconian rules to ownership. Yes, draconian (origin: 7th century law of code with harsh laws which prescribed death for every offence of breaking those rules) or in modern times: harsh, a draconian legal code. I can’t think of a better word in the English language to describe the rules of timeshare ownership beside appalling and downright evil!

how-to-get-out-of-a-timeshare-contract-legally-with-michael-from-vacation-ownership-consultants

I haven’t even probed so many of the other burdens of timeshare ownership or the details on how these charlatans got you to purchase it in the first place, but believe me I’ve got a lot more to say about it. Stay tuned…my husband and I are now off to Italy to stay with a family we found on Air BNB and use our airline points to fly there for free. Arrivederci!

There are many ways to be relieved of your timeshare obligations

There are many ways to be relieved of your timeshare obligations

While it is true that a timeshare contract is a binding legal document, it is often mistakenly thought that such a contract cannot only be cancelled. In fact, most timeshare companies maintain that their contracts are non – cancellable. This misconception is perpetuated by timeshare companies and user groups that are funded, maintained and controlled by the timeshare industry. The truth of the matter is, that under the law, contracts are cancellable for a variety of reasons, including fraud and mistake. Moreover, a person who is burdened by the obligations of a contract may “terminate” it and no longer be bound by the contract for reasons other than breach.

“Cancellation” occurs when either party puts an end to the contract for breach by the other and its effect is the same as that of ‘termination’ except that the canceling party also retains any remedy for breach of the whole contract or any unperformed balance. Uniform Commercial Code 2106(4); see 13 Corbin (Rev. ed.), §73.2; 13 Am.Jur.2d (2000 ed.)

Since it is the law of the land, that a breach of contract by a party to the contract may result in the other party being released from their obligations under the contract, the notion that one is forever bound by a timeshare contract is erroneous as a matter of law. The purpose of this article is to provide a ray of hope to those timeshare owners who are no longer interested in being tied to their timeshare and its lifetime of financial obligations. To start, when you first purchase your timeshare, most states have a rescission, or “cooling off,” period during which timeshare buyers may cancel their contracts and have their deposit returned. This is know as the “right of rescission.”Once this period expires, however, most timeshare companies will have you believe that their contract is non – cancellable and you are thereafter bound in perpetuity to pay the ever increasing maintenance fees that go along with timeshare ownership.

“Termination” occurs when either party, pursuant to a power created by agreement or by law, puts an end to the contract otherwise than for its breach. Uniform Commercial Code sec. 2106 (3)

In recent years, however, new techniques pioneered by real estate attorney’s who specialize in timeshare litigation have emerged. These techniques reached their ultimate fruition in a series of lawsuits filed in California on behalf of a group of timeshare owners who wanted nothing more than the complete release, termination and cancellation of their timeshare interests.

Other similar actions have followed, all seeking cancellation and termination of timeshare interests for the type of fraudulent and deceptive conduct that is frequently utilized by timeshare sales people to induce unwitting potential owners to sign on the dotted line. Such conduct includes the following representations, typically made at the time the timeshare was sold:

  • That the timeshare interest purchased would appreciate and increase resale price and value over time
  • That the timeshare interest purchased could be freely exchanged, transferred and sold.
  • That the timeshare interest purchased was a financial investment.
  • That the timeshare interest purchased would result in the purchaser receiving booking priority over non – purchasing vacationers wishing to stay at one or more of the properties owned and/or maintained by the defendant.

As a result of the filing of such actions, timeshare companies have become much more amenable to releasing timeshare owners from their timeshare obligations even without resort to litigation. In order to avail yourself of such a solution, you should retain an attorney familiar with timeshare laws and the various techniques for terminating a timeshare contract.

In sum, do not believe the naysayers who tell you that it is impossible to get out of a timeshare contract. Should you be the victim of one or more of the foregoing misrepresentations, you too may be able to cancel your timeshare contract.

Call today for your complimentary assessment 1-800-614-5288