Quick Answer: Can You Get Out of a Timeshare?
Yes, legal exit is possible for most timeshare owners. Your options include: professional exit services, resort deed-back programs, rescission (for new purchases), or resale. The best path depends on your contract type, how long you've owned, and your resort's policies. Most owners benefit from a professional evaluation to understand their specific options.
5 Steps to Exit Your Timeshare
Review Your Contract
Find your original purchase documents. Look for rescission periods, perpetuity clauses, and what exactly you own (deeded vs. right-to-use).
Understand Your Ownership Type
Different timeshare types (deeded, points-based, right-to-use) have different exit paths. Know what you have before exploring options.
Contact Your Resort First
Ask about voluntary surrender or deed-back programs. Document everything in writing. Many owners are surprised resorts have exit options.
Get a Professional Evaluation
A reputable exit company can review your situation and explain what options are realistically available for your specific contract.
Choose Your Exit Path
Based on your ownership type and situation, select the best approach. Legitimate exits take time but provide permanent relief.
Your Timeshare Exit Options Explained
There's no one-size-fits-all solution. Here are the legitimate ways to exit a timeshare, with honest pros and cons for each.
Professional exit companies work with attorneys to legally terminate your contract. Best for owners past the rescission period.
Pros:
- Legally binding exit
- Written guarantee available
- Handles all paperwork
Cons:
- Requires upfront investment
- Process takes 6-18 months
Some resorts offer voluntary surrender programs where you can give back your timeshare. Availability varies by resort.
Pros:
- No cost if accepted
- Direct with resort
Cons:
- Not all resorts offer this
- May have eligibility requirements
If you just purchased, you may have 3-15 days to cancel depending on your state. Check your contract immediately.
Pros:
- Full refund possible
- Clean exit
Cons:
- Very short window
- Only for new purchases
Selling or transferring your timeshare to someone else. Be aware: most timeshares have little to no resale value.
Pros:
- You may recover some costs
- Fast if you find a buyer
Cons:
- Very difficult to sell
- May cost more than you receive
Avoid Timeshare Exit Scams
Unfortunately, the timeshare exit industry has bad actors. Watch out for these red flags:
What Legitimate Companies Do:
- Provide written contracts explaining exactly what they'll do
- Offer money-back guarantees tied to specific outcomes
- Have verifiable BBB ratings and customer reviews
- Work with licensed attorneys when legal work is needed
How Much Does It Cost to Exit a Timeshare?
Resort Deed-Back
$0
If accepted by resort
Exit Company Services
$3K - $10K
Varies by complexity
Attorney-Led Exit
$5K - $15K+
For complex situations
Compare this to: The average timeshare owner pays $1,120/year in maintenance fees that increase 5-8% annually. Over 10 years, that's $15,000+ in fees alone—not counting the lost opportunity cost of that money.
How Long Does It Take?
days
Rescission Period
For new purchases within the cooling-off window
days
Resort Deed-Back
When the resort accepts voluntary surrender
months
Professional Exit Services
Legal termination through exit company