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how to caqncel a timeshare

Tips on How to Cancel a Timeshare Legally

Sales pitches can be very convincing. However, reality will often dawn on you after you have already made your purchase. In fact, 41% of buyers never imagined they would regret signing up for a timeshare deal. However, among the 30% who were neutral before making a purchase, most of them ended up regretting their decision. If you are in this kind of situation, you will need to get out quickly. Here is how to cancel a timeshare.

Act Within the Timeshare Contract Cancellation Period

When it comes to how to cancel a timeshare, the quickest and easiest way to do it is to ensure that you act before the cancellation period ends. Most timeshare contracts offer a number of days when it will be possible to cancel the contract without going through a lot of legal processes. If your contract doesn’t indicate how to go about canceling within the cancellation period, look for a lawyer or visit your nearest state consumer protection office.

Cancel the Contract in Writing

The most effective way to cancel a timeshare is to put it in writing. Find out how to write a timeshare cancellation letter. Even if the company indicates that they do not require a timeshare cancellation letter, it is highly recommended to draft and send one. Here is some of the information that you must include in the letter:

  • Your full name as they are on the contract
  • Your contact details, including your physical and email address
  • Name of the timeshare company
  • The date you signed the timeshare contract,
  • A written statement indicating that you wish to cancel the contract.

In most instances, it might not be necessary to outline the reasons why you don’t want the timeshare anymore. Just indicating that you want to cancel the contract is enough.

How to Cancel a Timeshare After the Cancellation Period

In some instances, you might still be able to cancel the timeshare contract even after the cancellation period is over. However, if you want to do this, it is advisable to engage a lawyer who specializes in timeshare cancellation. You may also contact a real estate attorney to get advice on how to go about this process.

It is important to ensure that you follow the right channels when you want to cancel your timeshare. You must always keep in mind that the timeshare contract is a legally binding document. Therefore all your steps must be legally sound. If you are not sure how to go about this, you can also talk to a lawyer or find a law firm that specializes in timeshare cancellation.

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Our primary service is our title transfer service. This service helps timeshare owners by legally transferring their timeshare property title out of their name. Once the transfer is complete, all financial liability and obligation is removed.

Timeshare owners that still have a mortgage on their timeshare may qualify for our Timeshare mortgage cancellation which is the most successful timeshare exit strategy available. Throughout this process we work directly with you to cancel your timeshare with the resort where you purchased it.

Please call our office today for a free consultation

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Every clients situation is unique and therefore the costs vary.

After your consultation we will give you specific cost and a guaranteed time of completion in writing for your exact situation.

We provide a 100% written guarantee and have earned glowing testimonials.

Every clients situation is unique and therefore the costs vary. After your consultation we will give you specific cost and a guaranteed time of completion in writing for your exact situation.

We provide a 100% written guarantee and have earned glowing testimonials.

A recession period is outlined in your timeshare agreement and is usually 3-10 calendar days where you can cancel your timeshare contract. Each state and resort have different guidelines for this, which are outlined in your contract. If you happen to be in your recession time period, you can cancel your timeshare. Be aware that timeshare companies will often make it very difficult to contact them and cancelling often requires filling out paperwork and mailing it in.

If you are in your recession period, act quickly. You can also contact our team for help cancelling your timeshare.

Call our office today

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Timeshares are difficult to cancel due to the nature of the contracts that timeshare companies and resorts use. Recession periods are generally very short and difficult to navigate. Writing a letter to cancel your timeshare is often lost or not received by the resort, or that is what they’ll say.

Our team of experts know how to navigate the process and guarantee your freedom from your timeshare.

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