Many holidaymakers admitted that they were just persuaded by a savvy salesperson when they had bought a timeshare. These owner mostly end up wanting to get out of their timeshare contracts. It is said that timeshares are very easy to acquire, but not so easy to offload. In US, places like Carolina, Puerto Rico is considered a haven of many timeshare resorts. Thism ay mean also ther are several owners out there who want to get rid of their units.
Carolina is actually a municipality of Puerto Rico. Many people do not realize that Carolina houses the hottest hotels, condominium complexes, nightspots and timeshare resorts, spans a lot further than the Isla Verde area. It is among the most affluent areas of the island. Meanwhile, Puerto Rico is a part of the United States which is a commonwealth referred to in Spanish as a “Free Associated State.” The status of Puerto Rico therefore makes it subject to US law, which includes real estate laws.
Keeping this in mind, you need to look at your original contracts and see what it is you bought. The most common timeshare agreements are for a limited number of years only. As the contract expires, your duty no longer exists in any way in terms of dues, fees, liabilities or other responsibilities.
If you want to sell your timeshare in this area, you need to be very careful since there are many unscrupulous companies that will take your money, only to do precious little but close shop and re-open under a new name. This is a very well-known scam within the timeshare industry today.
To avoid being taken by a scam, you should contact your timeshare resort first and foremost. Your first step should be to contact them and see if they have any on-site sales programs or can advertise on site for your week. If they do not have a resale program, ask them if they know of any reputable companies that have successfully sold timeshares at the vacation resort. Also ask if they have anyone currently working with them that may be willing to talk to you. This is to ensure that you will not get scammed.