sgosline
TUG Member
We received a letter regarding deannexation of our timeshare unit at Banyan Harbor in Kauai. I don't really understand it but it appears we have 2 options. One is to transfer our deed to our timeshare owners association and in turn get a deed to a new "upgraded" unit. The other option is to just turn it over (no payment, just the ability to avoid future maintenance fees). They need 100% participation for this to work. Does this sound legitimate? Our unit was getting pretty run down but still had good exchange value. We do own one other week there which we could still use or exchange. I am just not sure what to do. Has anyone else run across this?