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A timeshare (sometimes called vacation ownership) is a property with a divided form of ownership or use rights. These properties are typically resort condominium units, in which multiple parties hold rights to use the property, and each owner of the same accommodation is allotted their period of time. Units may be sold as a partial ownership, lease, or "right to use", in which case the latter holds no claim to ownership of the property. The ownership of timeshare programs is varied, and has been changing over the decades.

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    VIC Forfeited TimeShare

    Hello, I purchased into a Timeshare Resort approx 30 years ago (Costed back then 10K) and have not received any correspondence in all those years and thought it no longer existed. (Address has not changed) I came across a letter from the Financial Services confirming my account is finalised and...
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    VIC Signed Timeshare Agreement in USA - Can We Just Not Pay?

    We need advice on how to get out of a timeshare agreement we signed in Orlando, USA, recently. The cooling off period has expired but on returning home to Victoria and our financial situation has changed plus we discovered more about these arrangements that we were not happy about. We have...
  3. P

    VIC Convinced to Buy Timeshare - How to Get Out of It?

    Hi, I was in Bali recently and was convinced into buying timeshare. I have been worried sick about the whole situation and I desperately want to get out of this mess. Is there any way under Australian law? I don’t have much and I care for my frail mother. I am a diabetic and I am falling apart...