If you own a timeshare at Spinnaker Resorts or Yes& Vacations, you may have just found out your ownership is changing hands — and you weren’t asked. On July 15, 2026, Travel + Leisure Co. (NYSE: TNL), the parent company behind Club Wyndham, WorldMark, and RCI, announced it had closed

If you’re asking what the long-term financial risks of keeping a timeshare really are, the honest answer is that most owners don’t find out until the costs have already compounded for years. Most timeshare buyers remember the presentation, the free gift, and the salesperson’s promise of a lifetime of affordable

Introduction The right of rescission gives timeshare buyers a legally protected window to cancel their purchase and receive a full refund without penalty. This cooling off period exists because timeshare sales often involve high-pressure tactics that lead consumers to sign contracts before fully understanding their financial obligation. Understanding how rescission