I have a TLC Resorts timeshare that uses RCI points..im trying to get rid of this thing for months now and have no luck. Im actually giving it away for free and still can't rid of it. Is there a way i can just give it back to them. I tried before but all they keep telling me is that i have to sell or gift it to someone else and that I legally have to keep paying the HOA and RCI points annual fees. The timeshare itself is fully paid off so its just the yearly fees but I am no longer with my ex so i have no use for this thing. Any help would be greatly appreciated, thanks
Who exactly is the "
they" to whom you make reference in the blue highlighted statement quoted above? Was it just a phone conversation with a desk clerk (a meaningless exchange), or did you communicate directly with the HOA President?
Only the latter has any authority to discuss or decide on this matter.
No HOA is ever obligated to accept a "deedback", so what you have been told is entirely correct; you have a legal, contractual obligation into which you once freely and voluntarily chose to enter. You may now want to "escape" that legal obligation, but you cannot just unilaterally "cancel" such a a legal obligation.
If you should choose to do so, you can take a harder line (in writing, no phone calls) via correspondence sent directly to the resort HOA President. You can simply and clearly state that your timeshare is paid off and your account is current, but that going forward you do
not intend to pay
any future maintenance fee bills, thereby making it very clear that the only two HOA options are 1). voluntary acceptance of a "deedback" now, or 2). HOA having to undertake the time and expense to initiate foreclosure proceedings later --- they can pick
one.
This is neither a suggestion nor input intended to constitute (or substitute for) legal advice. I am merely making the simple and straightforward observation that you can choose to draw a
very sharp line in the sand with the HOA if you so choose. It's ultimately your decision, your choice, your move.
P.S. I see that you are newly registered on TUG. Have you attempted to give the unwanted timeshare away for free in TUG's "Bargain Deals" forum? You may have to offer to pay all closing costs and any transfer fee, but there might be someone who sees sufficient value in the RCI Points, even if they have no interest in the underlying resort. Don't neglect to accurately indicate the number of RCI points, whether issued annually or biennially (or triennially) --- and of course the maintenance fee amount; these are important and relevant details that any prospective new recipient will want to know very clearly. Good luck.