HOW TO CANCEL A TIMESHARE LEGALLY: Timeshares are properties, typically condominium units located on resorts, with ownerships shared amongst several individuals, with each person allowed to use such a property for a pre-determined period assigned to them. Undoubtedly, timeshares are quite easy to buy.
Unfortunately, it can be as difficult as cracking a nut with bare hands when trying to get out, especially without the help of proven experts. So, why get into what you can’t get out of easily?
Well, that is not for this article to answer. Instead, the timeshare exit attorneys at Leave Timeshare have outlined a step-by-step guide that will help you to cancel your timeshare legally.
Let’s deep dive into these ways!
Major Ways to Legally Cancel Your Timeshare Ownership
- Do not exceed your timeshare contract cancellation period
Ensure your timeshare agreement outlines the exact number of days you have left to cancel your timeshare contract. However, if your contract doesn’t have, or it has been wrongly stated, do not worry; simply check the law binding timeshare contracts in your state to identify the best possible ways to solve such issue.
- Develop a contract cancellation contract
Typically, this is a compulsory prerequisite to canceling your timeshare contract. After ensuring you haven’t exceeded your contract cancellation period, whether a document or written letter, we strongly recommend that you cancel your timeshare ownerships using this method.
Most importantly, your cancellation letter must contain the following information:
- Your name the exact way it is written on your timeshare contract
- Your phone number, email address, and address.
- Your timeshare description.
- The name of the timeshare association or company
- Your timeshare purchase date
- A contract cancellation statement. For instance, “I am contacting you within the cancellation period to cancel my timeshare contract.”
Often, you do not need to mention “why” you choose to cancel your timeshare contract.
- Deliver your cancellation letter
Timeshare contracts should specify how their owners must deliver their contract cancellation letter. While some may choose the hand-delivery method, you might need to send it using certified or registered mail.
Besides, ensure you do the following while delivering your contract cancellation letter:
- Deliver the letter within the contract cancellation period.
- Follow the given instructions painstakingly.
- Not delivering your contract according to the instructions provided or during the specified contract cancellation period, you risk your cancelation request being invalid.
However, while it is recommended to cancel your timeshare during your cancellation period, it isn’t impossible to cancel your timeshare after the expiration of your period, although it may be somewhat hard.
How To Cancel Your Timeshare Legally After Your Period Expiration
Undoubtedly, it is excruciatingly difficult to cancel your timeshare ownership legally after your cancellation period must have expired. Nonetheless, it is still possible. You need the services of great and exceptional lawyers specialized in timeshare cancellation to help you handle the entire cancelation process. Do not hesitate to contact the team of responsive and competent lawyers at Leave Timeshare to get out of your timeshare contract!