Let’s go over some of the most common misleading claims people are told when they purchase a timeshare — claims that often turn out to be completely false.
Common Timeshare Misconceptions
1. “Your maintenance fees will never go up.”
This is one of the most common falsehoods I hear. In my experience, I’ve never seen a timeshare where the maintenance fees didn’t increase over time. If you’ve ever seen fees go down or stay the same, please contact me — I’ll post it online. But as far as I’ve seen, they always go up.
2. “You’ll never be locked out of a resort — you can go wherever you want.”
Many people are told they’ll have access to any resort at any time. But once they try to book through the system or a third-party site like Timeshare.com, they find that’s simply not the case. Availability is limited, and it’s not as flexible as advertised.
3. “You’ll be able to rent out your unit easily.”
Some are told they can rent out their unit to cover costs or even make a profit. But most people find out later this isn’t true or isn’t nearly as easy as the salesperson made it sound.
4. “You can sell your unit for a profit — or at least for what you paid.”
Another very common myth. In reality, timeshares almost never retain value, and trying to resell one is difficult and often disappointing.
5. “Your points will always buy the same amount of vacation time.”
For example, if you buy 1,000 points and that gets you a week now, people assume that will always be the case. But over time, you’ll likely need more points to book the same week — 1,250 points, maybe more. In other words, the value of those points goes down, not up.
So, How Do You Get Out of a Timeshare?
There are several legal options:
1. Breach of Contract
If the timeshare company fails to uphold the promises made in writing — or even oral assurances that influenced your decision — you may have a valid breach of contract claim.
2. Breach of Fiduciary Duty
Timeshare companies owe you certain responsibilities. If they violate those duties, that can be grounds for legal action.
3. Fraud or Misrepresentation
If the salesperson lied, misrepresented key facts, or failed to follow through on promises, you may be able to sue for fraud.
4. Violations of Consumer Protection Laws
Many states, including South Carolina, allow you to sue under:
- The Consumer Protection Act
- The Unfair and Deceptive Trade Practices Act
These laws give you extra power in court. In some cases, they allow for triple damages, attorney’s fees, and legal costs — meaning the timeshare company could be held accountable for significantly more than just your original purchase price.
Need Help Getting Out of a Timeshare?
If you’re stuck in a timeshare and need help, give us a call. We’ll walk you through your options and help you find a way out.