Time share lease in the Bahamas
I have a 30 year lease I bought for about $15000 in 1986. The property is based in the Bahamas. Lease expires in 2026. The maintenance fees are killing me. I want to get out of it . The time share company won't allow it so they can keep sticking me with the maintenance fees and special assessments. The company is based in Virginia.
How do I get out of this without ruining my credit.
Vinod
Time share lease in the Bahamas
According to my contract if I default on my maintenance fees they can send me to collections. It also states that the contract would be void. Does this mean that I can get out of this lousy deal by just defaulting on my fees? This is a 30 year lease and they are really sticking it to me with mainainance fees and special assessments.