USA
MéxicoA timeshare may have suited you when it was purchased. Rising fees, reduced use or a change in circumstances can make the same ownership difficult to justify years later.
What is timeshare relinquishment?
Timeshare relinquishment is the process of legally bringing ownership and its associated obligations to an end. It is also commonly described as timeshare exit or cancellation.
The route available depends on the contract, resort, ownership structure, governing jurisdiction and the owner’s individual circumstances.
Why owners decide to relinquish a timeshare
Owners approach ACC for many different reasons. Some no longer use the accommodation, while others are concerned about maintenance fees, special assessments, booking restrictions or what may happen to the ownership in the future.
- Ongoing fees have become difficult to justify or afford.
- The resort, week or points system no longer suits the owner’s life.
- Booking restrictions reduce the practical value of ownership.
- The owner is concerned about long-term or inherited obligations.
Start with the contract and the current ownership
Before paying, transferring or signing anything, establish what you own and which obligations a proposed route would actually end.
ACC begins by listening to what has changed and reviewing the contract, resort and circumstances that affect the available options. A relinquishment route does not automatically mean that a compensation claim also exists.