Learning how to exit a timeshare the correct way can be tricky. The legal obligations and restrictions around leaving a vacation ownership have led many owners to rely on inadequate "solutions" and practices offered by timeshare exit companies that claim to assist in transferring, selling, or redeeming timeshares. Many times, their methods are illegal and can negatively impact the current owner.
For example, a common tactic for a timeshare exit team is to advise owners to stop paying their annual maintenance fees while their team is, "in the midst of canceling the timeshare." These actions can be used to distract owners from services they are not receiving or in the hopes that the resort forecloses on the ownership without additional work. Following these instructions can come with long-lasting implications including a lowered credit score or even a lawsuit filed by the resort for failure to pay.