If you are thinking about getting out of a timeshare, you have several options. The first is to contact a company that specializes in timeshare cancellations. They will provide you with the information you need to get out of your timeshare agreement. Using a company that has a good reputation can help ensure that you have a clean and safe exit.
In order to get out of a timeshare, you will need to write a letter stating your intent to cancel the contract. It may be helpful to include reasons for your cancellation in bullet points. This will make your letter easier to read.
After you send your letter, you should ask the timeshare management or developer to return it. You also need to ask them to issue a return receipt. Some companies require you to use a certified letter. Be sure to mail your cancellation notice before the cancellation period expires.
Timeshare rescission periods vary from state to state. Some states allow you to rescind your contract within three days, while others give you up to fifteen. Depending on the length of the rescission period, you may be able to rescind your contract and receive a full refund. However, in other states, you cannot rescind your contract.
In addition to rescinding the contract, you may be able to find other ways to exit your timeshare. You can either sell your timeshare or transfer ownership to another party. Or, you may be able to have the contract transferred to an escrow account. Your legal counsel will be able to instruct you to do this.
Another option is to work with a third-party that specializes in timeshare cancellations. A good company will offer a free consultation. Once they have gotten to know you, they will draw up the appropriate documents to get your timeshare agreement cancelled.
Some timeshare providers will try to avoid giving you the cancellation rights you deserve. They may try to intimidate you, or they may attempt to take you to court. Also, they may request payment of maintenance fees that are still owed.
If you need to have a timeshare agreement canceled, you can work with a company that has years of experience in the industry. These companies will also be able to provide you with other ways to get out of a timeshare. While they will not be able to transfer your ownership out of name, they will be able to prevent you from incurring any additional fees.
Before deciding to hire a company to assist you in your timeshare cancellation, you should do some research. The company you choose should have a good reputation, as well as a track record for successfully cancelling timeshares. Choosing a legitimate company will not guarantee that you will have a clean and safe exit, but it will help.
One of the most effective timeshare cancellation companies is Wesley Financial Group. Founder Chuck McDowell left the timeshare industry to fight for consumer rights. His company has helped thousands of consumers relieve themselves of mortgage debt.