My concern is that the want the ownerships back for free so they can resell them.
Just to clarify, the only memberships they take back for free are from owners who agree to those terms. To be fair, once an owner decides to give up their timeshare, the company can choose what to do with it—it’s theirs at that point. Honestly, I don’t see much reason to sue over this. They have the right to offer to take it back for free, and you have the right to say no.
It’s kind of like any offer to buy your property: if you agree to the terms, that’s your choice. If you don’t, then maybe, over time, they’ll improve their offers if enough people hold out. For comparison, some companies like Westgate, Capital, and Horizons HI charge
thousands just to take the property back. In the timeshare world, getting a free take-back on a paid-off property actually seems like a decent deal in the grand scheme of things.
Just something to consider!