Our Timeshare FAQs provide insights into how to successfully cancel an unwanted timeshare contract. If you have questions that are not covered in our timeshare FAQ’s, please contact us to arrange a free consultation with our dedicated timeshare attorneys.
What does a typical timeshare presentation involve?
You may be promised an enticement in exchange for attending a 90-minute timeshare presentation. Unfortunately, that half-price ticket or free hotel night may cost you a few hours of time in a very high-pressure sales situation. Our clients often describe tag-teaming sales representatives, who highlight investment benefits and unsurpassed family vacation pleasures. Those same reps gloss over maintenance costs, reservations problems and rapidly decreased timeshare values. Especially to be cautious about, salespersons press for on-the-spot decisions that can immerse you in a lifetime of financial obligations.
How do traditional timeshares compare to points-based timeshares?
Both types are forms of vacation ownership. The traditional timeshare can be a deeded property in which you purchase the right to vacation each year for a week (or more) at a specific resort. Your week(s) can be fixed, floating or rotating.
The points-based timeshares popular today provide purchasers the right to use (or trade) lodging at a number of resorts, but they do not provide buyers with a legal interest in real property. Your use of points and even your ability to make reservations is highly influenced by the size and type of unit you desire, the time of year and location of the resort. For each week of timeshare points purchased, maintenance fees and assessments apply; and timeshares frequently expire after a stated period of time, like 20 to 99 years.
