Getting out of a timeshare contract can be difficult. You may have been deceived, or you realize that you have an obligation. If so, you will want to get out of the deal as soon as possible.
Before you start thinking about rescinding your timeshare, you should first review the terms and conditions of the contract. Most contracts have a cancellation period. This is usually a week or three.
You should send a formal letter to the timeshare provider informing them that you are canceling your agreement. You should also include a copy of the contract. This should also be sent certified mail so that you can be sure that they receive your message.
In addition, you should look into your state’s laws regarding timeshare contracts. Some states offer grace periods that allow you to cancel your contract outside of the rescission period. If your state does not have a grace period, you should contact your local consumer protection office to find out how to legally cancel your timeshare.
You should also consider hiring an attorney to help you get out of your timeshare. Good attorneys will be able to guide you through the proper legal process and can help you legally exit after the rescission period has expired.
In addition to an attorney, you should also check out the timeshare resale market. While this is a great way to make money, it can also be a scam. There are many scams in this market, so you need to be aware of them.