Timeshare Scam – How to Avoid it

Timeshares often represent money-saving purchases for frequent travellers. But be warned they may prove costly if

you don’t know how to detect an absolute scam.

According to the National Timeshare Owners Association nearly 8 million Americans own timeshares, making the

thriving industry ripe for con artists.

Timeshare scams range from hidden booking or maintenance fees to more extreme cases, such as

companies suddenly going out of business once they secure your hefty deposit, leaving you without a timeshare.

Follow our tips for buying to avoid timeshare scams

Leave the room if the sales pitch becomes too aggressive.

1

Talk with other owners, particularly if you are staying at the timeshare resort where you are considering purchasing

property.

2

Allow yourself the opportunity to consider the offer, do not sign a contract or any documents at the presentation.

Review the contract and documents with a lawyer.

3

Visit the Better Business Bureau website (bbb.org) to check for complaints against the timeshare company.

4

If you decide to sign a contract at the time of the presentation, get a copy immediately, do not accept

promises for them to mail or email you a copy at a later date.

5

Please be careful of timeshare scams!