Timeshare Cancellation or Transfer: What is Best for You?

11/17/2021

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Millions of people in the United States own a timeshare. Due to the economic hurdles caused by the pandemic, many people are seeking to cancel or transfer their ownership. There are different methods people can use to opt out of or cancel their timeshare ownership. Timeshare cancellation may be suitable for some people, while timeshare transfer could be the best solution for others. Read on to know which is best for you.

Timeshare Cancellation

Timeshare cancellation is a quick way to exit timeshare. It occurs when a timeshare cancellation company negotiates with your timeshare resort to legally and permanently cancel your timeshare contract. You will cancel all financial or legal obligations to your timeshare resort after the cancellation is completed.

Owners seeking to exit their ownership should seek help from a reputable timeshare lawyer. A reputable lawyer will guide you through the process because they are familiar with the best practices, know how to negotiate with various resorts, and have vast experience in the industry.

Timeshare Transfer

A timeshare transfer is a legal contract that allows you to permanently transfer ownership of the property to another person. Since the transfer is to a willing partner, you cannot work with a timeshare resale company or a reputable timeshare lawyer if you still owe your timeshare mortgage, have an overdue maintenance fee, or own a timeshare in a resort or location that is difficult to sell.

Why Timeshare Cancellation Could Be the Best For You

Both timeshare cancellation and transfer are complex processes. The process could take months and includes a lot of paperwork, negotiations, and letters. Luckily, you can hire a reputable timeshare lawyer to help you with the cancellation. This will save you a lot of time and money.

100% Money-Back Guarantee

Another reason why timeshare cancellation is the best solution is that you get a 100% money-back guarantee. Working with a reputable timeshare lawyer is a good option to cancel your timeshare ownership because you’re guaranteed 100% money back if the cancellation doesn’t materialize. A reputable lawyer will refund you the service fee in full if they fail to produce the pre-determined results within a given period.

Wanting out of your timeshare is not uncommon. 41% of buyers never thought they would regret their timeshare purchase but ended up doing so, and if you’re one of them, you can rest easy knowing you have options to remedy your regret. Contact a reputable timeshare lawyer if you want to get out of your timeshare contract.

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