Timeshare resorts are meant to be used by timeshare owners every year to be able to fully benefit from their timeshares.
Most timeshare owners seeking for timeshare relief now do so because they do not find it beneficial to keep on paying for their timeshares without having to benefit from it.
Timeshares are bought by vacationers because they are hoping to have a convenient and cheap means of going on a vacation.
They choose the location that they desire to visit every year to spend rest time with their families and loved ones.
Most get their timeshares from timeshare companies which means they paid a high price for this vacation package.
Aside from the acquisition fee, the owners are required to pay maintenance fees and other special assessments that timeshare companies bill the owners.
It is part and parcel of the property and not paying for it could mean a negative ranking on your credit record.
You will all the more not enjoy your timeshare.
However, some inevitable reasons may also come your way and prevent you from using your timeshares.
Natural calamities like the earthquake in Haiti and other such calamities usually prevent everyone from visiting the battered location.
Therefore, if you are considering getting out of your timeshare contract during that time, it will be impossible for you to sell your timeshare.
Nobody will buy the package even if you will give it away at a very low rate.
Renting it out will also be more impossible because people will not visit the location during this time.
If both options do not work, you will then be left out to pay for all the fees.
Doing so is costly.
Calamity - stricken areas do not usually get to recover after a year or two.
Therefore, you will have to spend for the property without benefiting from it for more than two years.
The best way to get rid of your timeshare if you are faced with such a situation is to go to a timeshare title transfer company.
Title transfer companies transfer the name of the timeshare contract to their company to free the owners from any obligations to their timeshares.
These companies charge a minimum fee for the service but you will later on find it beneficial.
That is because you will be forever free of the maintenance and other charges associated with the timeshare.
It is but proper to get rid of timeshares that are of no use for your vacation.
It is not cost effective to continue on paying for it if you cannot use it.