What is timeshare cancellation?
Timeshare cancellation is the process to cancel all legal and financial obligations related to a timeshare that you have purchased. The entire process will remove your timeshare mortgage, your annual maintenance fees and any special assessment fees that you owe to a timeshare resort, (and the financial institution that holds the mortgage if there is one). In return, you will forego ownership of the timeshare and any future rights to use it.
Can you cancel a timeshare contract?
Do I need a timeshare cancellation lawyer to cancel my timeshare?
Most attorneys do very little work in timeshare law. It’s usually just one limited area of their practice, so their expertise in the timeshare cancellation arena is far less than ours. But our organization does one thing and one thing only, timeshare cancellation; so our understanding in this arena is far greater than most attorneys.
Additionally, our organization has one of the top timeshare cancellation attorneys in the country who guides our organization in all legal matters.
What is the difference between timeshare cancellation & Timeshare Mortgage Cancellation?
What are my timeshare cancellation rights?
Most state laws have timeshare cancellation rights, known as timeshare rescission periods after you sign your contract. This period of time varies state to state, but is typically between 3 – 10 days.
Can I cancel my timeshare mortgage?
Can I cancel my timeshare after rescission period?
Yes, but canceling your timeshare after the state’s rescission period requires more than just a simple written notice to the resort that you purchased your timeshare from. The process is much more involved, and it’s best to approach it with the knowledge and experience of a timeshare ownership advocacy organization, like Oasis Exit Solutions. You can learn more about it with our free consultation.
What is the timeshare cancellation policy of my resort?
In addition to the legal rescission period provided to you by law in your state, it’s important to know the timeshare cancellation policy with your resort, if there is one. While most timeshare resorts do not provide many ways out of your contract, sometimes there is a silver lining in your contract that can make cancelling your contract easier. To find out if your resort has a policy in your contract, read through it thoroughly, if there is one, it’s often in sections that are titled “termination”.
Why can´t I just sell or surrender my timeshare?
Can we claim any money back?
How long does it take?
Who will be dealing with my cancellation?
Why do I need to have a consultation?
Will they try to sell you something at the consultation?
How much will this cost me?
How will I know my contract has been cancelled?
Court action has commenced against many resorts and their marketing and management companies. We are also instigating actions against Credit Card and Finance Companies. Many of our clients have the same concerns about their timeshare products.
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