During the precession years the concept of timeshare contracts really caught on but ever since some companies looking to make a quick buck have given the timeshare industry a really bad name.
When you sign a contract always go by the reputation of the company.
If you have seen many mentions of the company, if you have seen a zillion advertisements and if you know people who own their shares then think about it.
Sometimes people feel trapped in timeshare contracts because they might not necessarily find the time to go on a holiday that particular week of the year.
Sometimes it so happens that the places they want to visit have no bookings or is full.
Poor amenities, lack of proper service, brochure information which is misleading and unfulfilled expectations are some of the many reasons people want to get out of their contracts by selling or transferring them.
The truth of the matter is that it is extremely difficult to get out of timeshare contacts.
The sale or transfer of a share if complicated and it can take a very long time.
You might have heard of timeshare closing companies which promise to make you rid of your share contract in a jiffy, the truth is far from that.
There are many procedures to be followed if you legally want to transfer your contract to someone else.
It is not easy to find a buyer who is interested in the very same timeshare you own and if you do find one, then a lot of legalities have to be completed.
Firstly you will have to check with your timeshare company if they charge any fee for transfer of a timeshare contract.
A customer care executive at your timeshare company can help you with all the information regarding timeshare transfer.