[retiredguy123]

Originally Posted by Steve

If the timeshare is completely paid off you can file a "Quitclaim deed" with whatever county the timeshare is registered.

We did that with a timeshare in New Orleans. The annual fees became outrageous PLUS they added an additional fee to cover hurricane damage--something that was probably covered by insurance--so I suspect they were double dipping. I contacted Orleans Parish, paid the appropriate fee (I think it was $45--this was 2008) and submitted the proper forms which you can get online. I think they were free at that time. The original HAS to take the timeshare back, whether they want it or not.

Whatever you do don't waste your money on the outfits that say they can sell your timeshare for you. In 2008 the fee for that "service" was $450 (I'm sure it's much more these days) and they promised to put it on 30 different websites. All 30 were the same website with 30 different names. We didn't get one offer!

Timeshares are offered for as little as $1.00, all by people trying to get out from under the annual fees which always go up and never go down. And, when you die the timeshare transfers to your heirs in perpetuity (i.e. forever) whether they want it or not.

Timeshares, by the way, are the biggest scam in real estate. They sell the same unit for 50 weeks a year. Ours was $14,000 x 50=$700,000 for one unit. Our timeshare had 200 units x $700,000=$140,000,000. The annual fee started at $350 x 10,000 total weeks (50 x 200)= $3,500,000/year. And they need special assessments on top of that? Yeah, sure!

Not true, according to timesharerelease.com. They say:

"Remember, it is not in the power of one individual to unilaterally decide to remove their name from a timeshare and grant it to another through a Quit Claim Deed. Both parties need to have their consent and signature for the Deed to be of any use to get rid of a timeshare."