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Reply to "Get rid of your timeshares!! "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I don't get how timeshares work [/quote] If you inherit it, you are responsible for the annual fees (usually thousands) even if you don't use it.[/quote] But a timeshare is just you buy a week at a place right? How is this any different that just renting a vacation rental for a week? I don't get it.[/quote] You are a co owner of the property, responsible for maintenance fees. But, typically you have no say in the maintenance decisions and are not entitled to a specific unit. Sometimes you are entitled to be there for a specific week but most places have converted to a points system where you have to book way in advance. There are people who fully own a specific unit year round and can update and furnish it themselves, that seems OK. But usually when people say timeshare that's not what they mean. [/quote]
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