When you decide that you want to cancel your timeshare, you will need to know how to go about it. You may also have to consider the legal options available to you. Some states have laws that allow you to cancel your contract within a certain period of time, while others don’t. The good news is that there are a few ways you can get out of your timeshare without losing your money or property.
One of the easiest and most efficient ways is to rescind your timeshare. This is usually the only way you can get a full refund. To rescind your contract, you’ll need to write a letter to your resort, stating why you wish to rescind. In some cases, this will require a certified mail, but in other situations, you may be able to do it in person.
Another way to rescind your timeshare is to consult with a company that specializes in timeshare cancellation. These services will guide you through the process and will often use attorneys or title companies to help you with the paperwork. They will also courier the necessary documents to the developer or timeshare management company.
Using a timeshare cancellation service will save you time and hassle, and it will make sure your agreement is cancelled. But if you’re not careful, you can end up losing money in the process. A reputable service will start with a free consultation, then work on a plan to get your agreement canceled.
In some states, you can legally cancel your timeshare in as little as three days. However, there are no guarantees that your letter will be accepted. If the resort or management company refuses to accept it, you may have to take your case to court. Sometimes, they will even threaten you with legal action.
If your timeshare provider is still asking for payments, you should consider contacting a legal counselor. He or she will be able to instruct you on how to transfer the payments into an escrow account. During this process, you will also have the option of having your lawyer put the payments into a special account.
In addition to rescinding your timeshare, you may be able to avoid future maintenance fees. Many timeshare providers will request that you pay for any outstanding maintenance fees. While you are at it, you should learn about the various schemes that are used to take your money. Getting rid of your timeshare can have a huge impact on your life.
Finally, if you need more than a little guidance, you can use a timeshare exit company like EZ Exit Now. Although these services will be able to get your agreement canceled, they won’t be able to transfer your ownership out of your name. Using a reputable service will allow you to walk away from your timeshare with a clean conscience and a full refund.
Choosing the right timeshare cancellation company can be a daunting task. Unfortunately, many companies don’t have the resources or experience to give you the results you are looking for.