Can You Refuse an Inherited Timeshare?

What to Do If You Don’t Want to Inherit a Timeshare

Did your parents invest in a timeshare? They probably thought it was a worthwhile investment that would provide the family with wonderful vacation options. The cost may have been lower at the time too. Today, according to Redweek, the cost of a new timeshare averages out to be $20,040. The bad news is after a timeshare is purchased it’s automatically worth less than zero with no buyers willing to buy it.

Many expenses are also associated with a timeshare, even if it is paid off. If your parents have passed away and left their timeshare to you in a will or you are their legal heir, you can refuse the inheritance. If you don’t want to inherit rising fees, you need to take advantage of timeshare exit and support services offered by experts who know exactly how to handle the issue.

Don’t Wait Act Fast

When you inherit property you do not want, act fast. After a certain amount of time, you will inherit the property if you do not refuse it. Also, do not use the timeshare or receive any type of compensation before you disinherit it. Otherwise, you may end up giving up the right to refuse the timeshare.

Have Legal Documents Drawn Up

You are not alone when dealing with a timeshare inheritance you don’t want. Timeshare exit and support services are meant to assist you in drawing up the necessary documents to refuse a timeshare inheritance. They have connections with legal experts that will ensure your renunciation is prepared and filed correctly.

Renunciations Need to Be Sent in a Certain Manner

You must make many copies of your renunciation. Always keep one and send copies using certified mail. Copies should be sent to the timeshare company and the executor of the estate. Both are the main interested parties.

Make Sure Your Renunciation Is Filed in Probate Court

The last step is to file a renunciation copy in the county probate court. Once this is accomplished, the filed document will be your official record of renunciation. Expert timeshare exit and support services are ideal for assisting you during every part of this process.

Using the services offered by timeshare exit specialists is extremely important. They will ensure that every detail of renunciation for an inherited timeshare happens exactly when it should. Be proactive in seeking their services. They can help you avoid further problems in the future.

Our Latest News

What people say

Timeshare Transfer Services

How to get out of Hilton Grand Vacation Timeshare

Are You Ready to Get Out of Your Timeshare?

Complete the form for your free consultation.

By submitting my phone number and contact information, I consent to receive calls and text messages from Lonestar Transfer and have read and agree to the Terms and Conditions and Privacy Policy. You can opt out by replying STOP at any time.

855-722-3166

Why Trust us

How does Lonestar Transfer get me out of my timeshare contract?

Our primary service is our title transfer service. This service helps timeshare owners by legally transferring their timeshare property title out of their name. Once the transfer is complete, all financial liability and obligation is removed.

Timeshare owners that still have a mortgage on their timeshare may qualify for our Timeshare mortgage cancellation which is the most successful timeshare exit strategy available. Throughout this process we work directly with you to cancel your timeshare with the resort where you purchased it.

Please call our office today for a free consultation

How much does it cost to exit a timeshare?

Every clients situation is unique and therefore the costs vary.

After your consultation we will give you specific cost and a guaranteed time of completion in writing for your exact situation.

We provide a 100% written guarantee and have earned glowing testimonials.

How long does it take to exit a timeshare?

Every clients situation is unique and therefore the costs vary. After your consultation we will give you specific cost and a guaranteed time of completion in writing for your exact situation.

We provide a 100% written guarantee and have earned glowing testimonials.

What if I'm in a Recession Period?

A recession period is outlined in your timeshare agreement and is usually 3-10 calendar days where you can cancel your timeshare contract. Each state and resort have different guidelines for this, which are outlined in your contract. If you happen to be in your recession time period, you can cancel your timeshare. Be aware that timeshare companies will often make it very difficult to contact them and cancelling often requires filling out paperwork and mailing it in.

If you are in your recession period, act quickly. You can also contact our team for help cancelling your timeshare.

Call our office today

Why are timeshares difficult to cancel?

Timeshares are difficult to cancel due to the nature of the contracts that timeshare companies and resorts use. Recession periods are generally very short and difficult to navigate. Writing a letter to cancel your timeshare is often lost or not received by the resort, or that is what they’ll say.

Our team of experts know how to navigate the process and guarantee your freedom from your timeshare.