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Sounds like a timeshare and you cannot cancel those, you own it and the annual fee is required. It’s more like taxes.
Yes, your aunt has (probably) signed up for what's essentially a scam. This is their whole business model, they know timeshares sound better than they end up being, so they intentionally trick people into signing contracts that are very difficult to get out of, so they can't just dump it the moment they realize they don't want it anymore.