Legal Question in Real Estate Law in Maryland

We have a time share and don't want it anymore. Now a lien has been placed. Can't we just give it back?


Asked on 7/23/10, 2:48 pm

1 Answer from Attorneys
Cedulie Laumann Arden Law Firm, LLC

No, not unless the other party wants it back and agrees to release the lien. There is a limited right to cancel a timeshare immediately after purchase. Otherwise you can ask for the lienholder to accept a deed in lieu of foreclosure, but this is strictly voluntary.

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Answered on 7/26/10, 7:01 pm


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