Thinking of working with an EXIT COMPANY?

Ask yourself these 3 questions:

Who Is the Company?

Have I heard of them? Can I trust them? Did they contact me unsolicited? Do they have a physical address, or is it a PO Box or virtual office?

What Do They Want Me To Do?

Do they want me to: Pay upfront money before action? Stop paying my mortgage or fees? Get foreclosed on? Pay money in order to get money?

What Evidence Supports Their Message?

Use independent sources to verify claims or debunk them, then ask yourself if their claims still seem accurate? Do they still get paid if I get forclosed on and suffer negative credit ratings?

FREQUENTLY ASKED QUESTIONS

Timeshare is a use product that comes with fees. If you do not use the property or can no longer pay the fees, it may not make sense for you to continue owning your timeshare. Please explore our website to learn about your options. Check out our Resale Provider Directory.

Your first contact should be to your timeshare resort company for the safest, easiest and often most cost-effective solution to fit your particular situation. If you’ve contacted them once, then try again before moving on to other options to make sure you received the most up to date information. If you choose to work with a third party, we encourage you to use one of those in our Resale Provider Directory.

If you don’t know who operates your timeshare resort, your exchange company may be able to help you or you can contact us for assistance at (855) 939-1515 and responsibleexit@arda.org.

Yes, you can assist them in moving through the process, but unless you have a power of attorney for all the timeshare owners of record, you will need their signature to complete the process.
A mortgage is a contractual obligation between you and your lending partner, which may supersede the rights of the timeshare developer. No third party can relieve you of these obligations without the lender’s approval. Factors like how much you owe, the balance and terms of your mortgage , etc., will determine your eligibility to exit. Contact your lending partner and timeshare resort company for options.

Timeshare is a use product that comes with fees. If you do not use the property or can no longer pay the fees, it may not make sense for you to continue owning your timeshare. Please explore our website to learn about your options and check out our Resale Provider Directory.

Your first contact should be to your timeshare resort company for the safest, easiest and often most cost-effective solution to fit your particular situation. If you’ve contacted them once, then try again before moving on to other options to make sure you received the most up to date information. If you choose to work with a third party, we encourage you to use one of those in our Resale Provider Directory.

If you don’t know who operates your timeshare resort, your exchange company may be able to help you or you can contact us for assistance at (855) 939-1515 and responsibleexit@arda.org.

Yes, you can assist them in moving through the process, but unless you have a power of attorney for all the timeshare owners of record, you will need their signature to complete the process.

A mortgage is a contractual obligation between you and your lending partner, which may supersede the rights of the timeshare developer. No third party can relieve you of these obligations without the lender’s approval. Factors like how much you owe, the balance and terms of your mortgage , etc., will determine your eligibility to exit. Contact your lending partner and timeshare resort company for options.

Checklist to Exit

A Helpful ChecklistFOR exiting your timeshare

If you decide to exit your timeshare, this checklist will help make sure you have all the necessary information ready. 

  • Name, address and phone number of your timeshare resort.
  • The deed and/or contract or membership agreement which clearly identifies the timeshare you own.
  • The financing agreement (if you are still paying for the property) --remember you'll have to pay this off before you can transfer your timeshare to a new owner.
  • Any title insurance information.
  • Any other information to identify clearly your membership.
  • The exchange company affiliated with your timeshare resort.
  • The amount and due date of your maintenance fee and whether it has been paid for the current year.
  • If billed separately, the amount of real estate taxes owed on your timeshare, the due date and whether they have been paid for the current year.
  • The date your timeshare will next become available for use by a new owner or when a new owner can first make a reservation.
  • Is your timeshare a fixed week or floating week unit and/or does it require an advanced reservation?
  • Gather copies of the documents governing the resort owner’s association, if any, the resort’s rules and regulations, reservation rules and any other information that would be helpful to a new owner, such as area attractions.
  • Know whether or not your timeshare is legally classified as real estate or personal property as this will make a difference in how it is conveyed to a new owner.
  • Check with your owners’ association or resort manager to determine if there is any documentation they need in order to complete any sale.

reseller provider directory

Reseller Provider Directory