You donate your timeshare to a charity, which they can then resell to benefit the charity.
You can make a donation to a timeshare in Sacramento, California at donateyourcarsacramento.com. Another way is to go to www.merchantcircle.com/business/Uni-Sette.Inc.916-646-3468
One can donate a timeshare to a site called Donate for a Cause. Donate for a Cause is a timeshare donation charity in the United States. One might also check out Vacations for Veterans which is also a site for donating a timeshare.
Timeshares are not an investment so donating a timeshare can help one by enabling them to receive a tax deduction for the donation. Donating a timeshare requires that it have some value and be able to be sold in order to be donated.
I would say gift or donation. If you want to be more specific, I would say monetary gifts or cash donation.
If you have recently purchased the timeshare membership in the United States you can rescind the transaction in the first few days in most states. Each set of purchase documents papers accompanying a timeshare sale will include a section explaining how to rescind. The right of rescission is controlled by the laws of the jurisdiction in which the time share is purchased. The longest is 15 days in Alaska. You need to check the laws. If you are past your rescission period you can also contact Timeshare Mortgage Relief, LLC who is a timeshare consumer advocacy company and they can get you out of your contract if you are a victim of fraud or deception. If you have a timeshare that is paid in full you can contact Property Donation Group who will accept your timeshare as a donation or offer a guaranteed title transfer. If you are the owner of a timeshare then you will need to read the contract. Will your commitment and membership terminate automatically after a specific number of years? If you fail to pay your annual fees what steps can be taken by the property owner? Are you legally able to resell your membership? Does the property owner have a right to buy or first right of refusal? Once you understand your rights you can market or offer for sale your membership. You will receive only what someone else will be willing to pay. The Internet is one way to find buyers. In some destinations there will be local sales agents who can market the membership and they will be able to show it to people who are looking in the area. Owning a timeshare is usually a contract of a considerable number of years. You can wait for the contract to end or you can transfer the ownership to someone else. You can also sell it. See related link for state rescission periods.
You can find help selling a timeshare. You can reach out to local timeshare resale companies. For tips on selling a timeshare go to www.timesharehelp.net/.
To buy any sort of timeshare, check into companies and websites such as Timeshare Angels or Timeshare Liquidation. Some timeshares are even sold through eBay.
It is possible to donate your timeshare to charity, but it can be very difficult as they have very little monetary value. There are organizations who can help you such as Donate For A Cause. You will only be able to claim a tax deduction if the charity makes a profit from it. Another option would be to simply give it back or sell it on an auction site with no reserve price.
There are many different sites that have timeshare rental listings. Some of these sites include Timeshare Helper, Sell My Timeshare Now, and Vacation Timeshare Rentals.
The Marriott Timeshare Vacation Club and Timeshare Aid are both websites where one can go to find out more information regarding Marriott Timeshare resales.
A timeshare is an asset, not a debt. It cannot be discharged. If you are in arrears in your timeshare payments, like being in arrears on a mortgage, you would be able to surrender the timeshare and discharge the arrears.
It depends. You need to contact a tax advisor or search online for more information. Here's an article on eHow about donating a time share: http://www.ehow.com/how_5822309_donate-share-its-deduction-amount.html