We have a wealth of experience on both sides of the timeshare industry – more than anyone in the timeshare resolution business. We know the tricks of the trade and the proven strategies that work to get you the assistance you need. With our help, you could be the next success story and join thousands of happy clients!
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What is a Timeshare Cancellation?
The term “timeshare cancellation” refers to a window of time after your initial purchase during which you are allowed to terminate or rescind your timeshare contract. The rescission period typically varies from state to state and one would have to be methodical and act promptly to avoid any miscellaneous fees or charges.
Writing a Timeshare Cancellation Letter
When it comes to terminating your timeshare agreement, it is common practice to submit your cancellation in writing. Even if the law permits oral cancellation, it is advisable to draft and send a timeshare cancellation letter to the seller. A well-crafted cancellation letter typically includes the following details: the current date, the purchaser’s name as stated in the contract, the purchaser’s address, phone number, and email address, the name of the timeshare company, a description of the timeshare (referencing the details in the paperwork), the date of the timeshare purchase, and a straightforward declaration of the buyer’s intention to cancel the contract.
While providing a reason for canceling is not always necessary, it is essential to explicitly mention that the purpose of the letter is to retract the contract. A concise statement such as “I am notifying you within the rescission period to terminate this timeshare agreement” should suffice. It is important to note that state regulations may dictate specific requirements for your cancellation notification.
If you decide to contact your timeshare developer, it is important to follow these steps first to avoid getting stuck with additional fees and debt:
• Express in writing why you want to cancel your timeshare
• Do not agree to speak with anyone until your concerns are acknowledged
• Stick to the facts and be reasonable about what you expect
• Be prepared for attempts by the company to sell you more
• Avoid admitting fault or taking responsibility
• Stay composed and unemotional when communicating
• Do not accept the first offer presented by the company
Keep in mind that negotiating with your timeshare developer to cancel your timeshare is challenging, as their primary focus is on selling timeshares rather than taking them back, which could impact their profits. Before pursuing this option, it is essential to understand that if negotiations with timeshare developer are unsuccessful, it may be difficult to find other entities willing to assist in canceling your timeshare.
What makes a good timeshare cancellation company?
EXPERIENCE
As the best timeshare exit company we bring 11 years of valuable experience to the timeshare exit industry. We embarked on this advocacy journey to help timeshare owners navigate an exit solution due to developer misconduct and fraud.
RESOLUTIONS
Our timeshare cancellation and timeshare exit strategies are proven to work. Our years of experience in the timeshare cancellation and exit process has helped many timeshare owners put an end to their unwanted timeshare contract liabilities.
REPUTATION
As the leader in timeshare exit services, we pride ourselves on our A+ Rating with the BBB (Better Business Bureau). While we acknowledge we can’t help everyone, we strive for excellence in helping those we can.
What is a Timeshare Exit?
Conversely, the term “timeshare exit” refers to a process of trying to help you resolve your unwanted timeshare once the cancellation (rescission) period of your contract has passed. The term “timeshare exit” has gained popularity as timeshare owners seek ways to get rid of their timeshare ownership. Simply put, a timeshare exit refers to any method an owner can use to transition out of their timeshare and release themselves from ownership responsibilities, maintenance fees and timeshare mortgages. But how exactly do timeshare exits function, and are there trustworthy companies similar to our available to assist with a responsible exit from ownership?
In recent years, the term “exit” has evolved into a broad term used for owners seeking to sell, deed back, return, or even have their resort repurchase their timeshare. Our role as a timeshare exit advocacy group is to spell out theses differences, warn owners of timeshare mis-representations and scams within the timeshare industry and to be cautious when searching for a secure and dependable way to move on from a timeshare.
While a timeshare cancellation may seem like a viable option for you, it can be risky for timeshare owners as the company’s main priority is to maximize profits for its shareholders. By agreeing to release you from your timeshare contract, the timeshare developer becomes financially responsible for maintenance costs, taxes, and club dues until they are able to resell your timeshare points or weeks. Most timeshare developers who offer take-back or internal exit programs will still try to sell you more points or weeks, as their main goal is to generate revenue.
Timeshare Compliance is a timeshare exit company that offers to assist owners in terminating their timeshare contracts. Companies like ours are independent entities that may hire individuals with prior experience in the timeshare industry to help owners successfully exit their agreements. We provide an exit solution when all other possible resolution options have been exhausted by the timeshare owner. We assist you in working directly with your timeshare developer to work towards an amicable exit resolution.
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A successful Timeshare
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HAVE YOU BECOME A VICTIM OF THE TIMESHARE INDUSTRY?
• Developer Misrepresentation
• Unethical Sales Practices
• High-Pressure Sales Tactics
• No Reservation Dates Available
Developer misrepresentation is not uncommon. We can help you terminate your timeshare contract if you legitimately feel as though you were taken advantage of by your timeshare developer.