Why Timeshares Complicate Divorce
Dividing property and assets in a divorce is already stressful. A timeshare can make it worse because:
- It’s not a true asset. Timeshares usually lose value quickly and have little to no resale market.
- It carries ongoing obligations. Maintenance fees, club dues, and special assessments remain due whether you use it or not.
- It’s hard to sell. Unlike a home or car, a timeshare often can’t be liquidated to split proceeds.
- It can harm credit. If neither party pays, late fees and collections can impact both credit scores.
What looks like a vacation perk on paper often becomes a financial liability in divorce.
Options for Handling a Timeshare in Divorce
1. Sell It (If Possible)
If your timeshare is a high-demand property (prime location, season, and paid off), selling may be possible. But the reality is most resales bring little or no money.
2. Transfer to One Spouse
Sometimes one spouse chooses to keep the timeshare. This means:
- They assume all future costs (must be written into the divorce decree).
- They remove the other spouse’s name from the contract/deed (with resort/HOA approval).
3. Cancel the Timeshare Altogether
For many couples, the cleanest solution is a timeshare exit. Canceling means:
- Both parties are freed from future obligations.
- No ongoing disputes over payments.
- A fairer, simpler division of assets and debts.
Why Cancellation May Be Best During Divorce
- Stops financial bleeding: Eliminates rising fees that neither spouse wants.
- Removes future conflict: No more “who pays what” arguments.
- Protects both credit scores: A proper, resort-compliant cancellation prevents damaging defaults.
- Gives both spouses a clean break: Which is often the real goal of divorce.
Steps to Take Now
- Collect paperwork – deeds/contracts, fee statements, loan balances.
- Discuss with your attorney – make sure the timeshare is listed in divorce property division.
- Consider exit timing – canceling before finalizing divorce can simplify negotiations.
- Get professional help – a compliance-first timeshare exit service ensures both parties are released in writing.
FAQs
Can a timeshare be divided like other property in divorce?
Not easily. Unlike a house, it usually has no resale value and comes with future costs.
What if my ex stops paying their share?
If your name is still on the contract, you’re legally responsible too. That’s why cancellation or a proper transfer is essential.
Does canceling affect my divorce settlement?
Canceling often simplifies settlements by removing ongoing obligations. Always confirm with your attorney.
Make Your Fresh Start—Without a Timeshare
Divorce is about moving forward. Don’t let a timeshare hold you back with rising costs and legal headaches. At Lonestar Transfer, we help couples safely and legally cancel timeshares through a resort-compliant, paperwork-driven process.
