Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@.

Search
Page 1
  • Errata
    • #2
    • 2nd Oct 08, 5:36 PM
    • #2
    • 2nd Oct 08, 5:36 PM
    Would it be worth trying to sell it on ebay ? You could put a reserve on it and see what happens.
  • wallbash
    • #3
    • 2nd Oct 08, 6:08 PM
    • #3
    • 2nd Oct 08, 6:08 PM
    but it is nearly impossible to sell (or give away)
    So you are implying that you ( them ) just want to be shot of the time-share?

    To be really brutal, if they are dead , How would the service charge be enforced .
  • moanymoany
    • #4
    • 5th Oct 08, 9:57 PM
    • #4
    • 5th Oct 08, 9:57 PM
    There will be a clause in the will that refers to 'residual estate' and the time share would fall into that.

    If someone leaves you something in a will you do not have to accept it. If no-one was willing to accept the timeshare I don't know what would happen to it, but you wouldn't be lumbered.

    Payments owed will be taken out of the estate. Not sure about future payments. Go to see a specialist solicitor.
    • tbw
    • By tbw 6th Jan 09, 10:16 PM
    • 4,483 Posts
    • 51,240 Thanks
    tbw
    • #5
    • 6th Jan 09, 10:16 PM
    • #5
    • 6th Jan 09, 10:16 PM
    If you ant to get rid of a timeshare (and its pretty much impossible to sell them or even give them away) then you should be able to return it to the 'owning company' by telling them you don't want it anymore and that you aren't prepared to pay the continuing maintenance charges. They will want you to sign the deeds back to them and then they can sell it again or do whatever they ant with it.

    You could also just stop paying the annual maintenance and, after several increasingly snotty letters to you, they will re-possess it. They would probably not try to charge you anything but, by being up front and actually agreeing to hand it all back to them before it gets to the repossession stage, you might save some aggro.

    I have just done this with one of my T/S 's that I really didn't want any more. (Tried selling it but eventually decided to just get rid of it).
Welcome to our new Forum!

Our aim's to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

118Posts Today

2,705Users online

Martin's Twitter