How To Cancel A Timeshare Contract | Cancellation Options
The first step in learning how to cancel a timeshare or exit your contract is by looking at the timeshare cancellation terms section of your contract with the vacation resort that you have purchased through.
Near the end or bottom of your timeshare contract will be a heading containing the terms "Termination" or "severability" or "Cancellations".
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Grace Period Or Cooling Off Time
Most timeshare contracts allow for a cancellation grace period or cool down period of a few days or weeks upon purchase where you can cancel your timeshare without breaking your contract.
If you do want to take advantage of the cancellation grace period on your timeshare, make sure there is no fine print in your contract stating that you must continue to pay your maintenance fees even after you cancel your contract with the resort.
Give Back Or Deed Back program Available?
See if the resort you purchased through has a deed back or give back program that will allow you to give, or sell back your deed to the resort if the grace cancellation grace period or cool down is expired.
If you own through Wyndham, you are in luck as Wyndham has several give back or deed back programs available.
Deed back or give back programs usually work best if you have no outstanding balance with the resort you own through so pay off all your debts to the resort first before attempting to cancel your timeshare contract.
Contact A Lawyer Or Attorney Who Specializes In Cancellations
A lawyer or attorney who specializes in helping people cancel their timeshare contract is a good way to go if you really want to get out and have no other choice.
Maintenance Fee Relief has the best lawyers in the business who specialize in timeshare cancellations and helping people cancel or exit their contracts with their resort. Call 1-800-675-8798