How AARP Warns About Timeshare Exit Scams & What You Should Do

What AARP Says About Timeshare Exit Risks

AARP highlights that many timeshare owners eventually seek an exit—but that’s when the scammers move in. They point out that while your timeshare may have served you well at one time, you may now use it less, pay more in fees, or simply want out. That’s exactly when unscrupulous firms promise easy exits—for big upfront fees. ARDA ROC | Resort Owner’s Coalition+1

The key points from the article:

• Contact your resort or developer yourself first—some have official surrender or deed-back programs. AARP+1
• If you use a third-party, do your homework: check credentials, BBB ratings, complaint history. AARP
• Red flags include firms that ask you to wire money, use gift cards, or promise “guaranteed” results. ARDA ROC | Resort Owner’s Coalition+1

5 Steps You Should Take If You’re Considering Exiting

1. Review your homeowner agreement & fees – Understand your contract, annual dues, assessments, and your resort’s exit policy.
2. Call your resort’s Owner Services – Ask specifically: “Do you have a surrender/deed-back program?” The resort may be willing to accept your ownership back. AARP
3. Research any company you hire – Look for real reviews, fewer than average complaints, and transparency. Avoid companies demanding big payments up front.
4. Don’t stop paying fees without plan – AARP warns that simply ceasing fees can damage your credit and may complicate later exit efforts. ARDA ROC | Resort Owner’s Coalition
5. Document everything – Keep copies of contracts, communications, and payment records in case you need to report misconduct or go to collections.

Red Flags of Exit Scams

• Asking for large up-front fees or “marketing deposits”.
• Promising guaranteed sale or exit with little transparency.
• Claims that your kids will never have to pay but no legal backing.
• Use of gift cards or wire transfers instead of normal business methods.
• Firms pressuring you to act immediately or not consult your lawyer.

Why This Is Critical

Timeshares can become long-term burdens with rising fees, limited use, and difficult resale. AARP’s advice is aimed at those who are ready to exit—but want to do it safely. By following their guidance, you avoid adding a scam exit firm on top of your timeshare problem.