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Purchasing a timeshare may seem easy, but getting out of the contracts can be difficult. Timeshare exit companies claim they can help, but their promises may not always be foolproof. Solomon Troy faced high annual maintenance fees of $2,000 after six years of owning a timeshare in Las Vegas. He turned to a timeshare exit company for help, but found out that the guaranteed exit came with a hefty upfront price. Once locked into a timeshare, you may be in for life with annual renewal and maintenance fees.
