Talk of The Villages Florida - View Single Post - Visiting a timeshare resort as a gift...
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Old 01-28-2021, 07:24 PM
Stu from NYC Stu from NYC is offline
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Quote:
Originally Posted by retiredguy123 View Post
I think a timeshare is a horrible product. I wouldn't ask the salesperson any questions. Read the contract yourself. Why would you care what the maintenance fee is today? It can double or triple in a few years after you buy it. Most timeshares can not even be given away and you may need to pay thousands of dollars to get rid of it. But, it is important for any potential heir to know that, if you inherit a timeshare (or anything else), you can refuse to accept the inheritance. So, as a potential heir, do not sign your name as a co-owner to a timeshare. And, if you inherit a timeshare and you don't want it, you can provide a legal notice to the executor that you are rejecting the inherited timeshare.
Went to a dinner many years ago and very quickly decided I did not want to be tied down to a specific vacation spot year by year and question how easy it was to swap with someone else.

They did not make it easy to walk out but walk we did.