Timeshares Again

Expert, localized Los Angeles answers provided by Heather Roy

Timeshares Again
	Dear Mrs. Lank: We need some information in hopes of getting rid of some timeshare property. We have paid it off but are still tasked with annual fees. We have tried to donate it to charity (needless to say they don't want it.) We invested $800 to list it more than a year ago and it is still sitting. Another scam. We went to a seminar that offered to take it off our hands if we paid them. You wrote about deeding it back to the company. When we purchased it that was an option they mentioned but now it has changed hands. It appears we are the only ones bound by the original contract.

	I hope you got that buy-back offer in writing. Ask your lawyer (perhaps a simple phone call) whether the company that took over the timeshare development also took over its obligations. At the same time ask for advice about what would happen if you simply stopped paying the charges. The subject of outgrown timeshares evidently touches a hot nerve with readers of this column. It’s bringing almost as much mail as came in after I made the mistake of publishing a letter about neighbors’ overhanging trees.
	Edith Originally published on July 6, 2006

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