Many buyers think that cancelling a timeshare contract is impossible. But just like other legal documents, a timeshare contract can be cancelled, terminated, or voided for a variety of reasons.
You don’t have to be bound to your timeshare financial obligations and responsibilities forever. The law allows timeshare contract cancellation, so don’t lose hope when the timeshare company tells you that the contract is non-cancellable. They are wrong. Here are some of the ways to get out of your timeshare:
Exercise your right to cancel the contract
If you act fast, you can cancel the contract within the rescission period. Make sure to follow the correct procedure on cancelling a timeshare contract based on the laws in your state. Most resorts will require you to send a letter via registered mail requesting the cancellation. The letter does not need to include a reason, but it must clearly state that you are rescinding.
Consult a timeshare cancellation lawyer
A timeshare contract cancellation lawyer can help you find the best options and guide you through the legal processes. Even if the rescission period has lapsed, a good lawyer can still get you out legally. Your attorney will review the documents, checking for loopholes and conditions that are against the timeshare laws in the state. With a timeshare lawyer, you don't have to do the guesswork or feel confused. You will have the peace of mind that the matters are taken cared for by an experienced professional.
Seek help from experts
It is often difficult to find a lawyer specializing in timeshare law. In fact, there are only a few attorneys in the US today who have experience in timeshare litigation. Fortunately, you can still seek help from financial services and consumer advocacy firm. They may not represent you in the court during the litigation, but they can point you to their network of reputable timeshare lawyers in your area or state.
