Can we deed back a timeshare in Fl

We have never used. It is paid in full.
We keep paying taxes since 2000.

Asked on November 12, 2018 under Real Estate Law, Missouri


M.D., Member, California and New York Bar / FreeAdvice Contributing Attorney

Answered 2 years ago | Contributor

If the timeshare developer, etc. agrees to take it back (and it must agreel they cannot be forced to do so), typically in order for this to be successful the timeshare should be paid off and have no back taxes or fees, etc. owed to the resort. Other options are to sell it yourself or to donate it to a charity that will take it and for which you can get a tax deduction. Many resorts are obliging to help with the transfer to a charity. You should look in to it as it may be a better option for you. 

SJZ, Member, New York Bar / FreeAdvice Contributing Attorney

Answered 2 years ago | Contributor

No, there is no right to deed it back. Certainly, you can *ask* if they will take it back, but you cannot make anyone, including the original developer or seller, accept or take property without their consent. You would them to voluntrily agree to take the timeshare back.

IMPORTANT NOTICE: The Answer(s) provided above are for general information only. The attorney providing the answer was not serving as the attorney for the person submitting the question or in any attorney-client relationship with such person. Laws may vary from state to state, and sometimes change. Tiny variations in the facts, or a fact not set forth in a question, often can change a legal outcome or an attorney's conclusion. Although has verified the attorney was admitted to practice law in at least one jurisdiction, he or she may not be authorized to practice law in the jurisdiction referred to in the question, nor is he or she necessarily experienced in the area of the law involved. Unlike the information in the Answer(s) above, upon which you should NOT rely, for personal advice you can rely upon we suggest you retain an attorney to represent you.