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Purchasing a timeshare can be quick and simple, but exiting the contract is often challenging. Solomon Troy experienced this firsthand when he bought a timeshare in Las Vegas. Initially, he found the annual maintenance fees manageable, but after six years, they increased to $2,000, prompting him to seek an exit. He approached a timeshare exit company, which claimed to guarantee a way out, but such guarantees usually come with a significant upfront cost. This situation highlights the complexities of both purchasing and exiting timeshare agreements, emphasizing the potential pitfalls involved.
