When a timeshare owner first starts their quest to cancel their timeshare contract, the first thing they may do is search “timeshare cancellation” on the internet. Thousands of results come back, including this very website. Another result that you may find if you complete this search is companies or individuals providing timeshare cancellation letter templates that they claim will help you get out of your timeshare contract.
The first thing you should know about these templates, or sample letters, is that most are only referring to canceling your timeshare contract in the cooling-off or recission period prescribed in every contract.
A list of recission periods by state can be found here.
If you are within the recission period, then these templates may be helpful. They may help you compose a professional letter of cancellation. If you send this letter within the cooling-off period, the timeshare company is legally obligated to comply with your request of cancellation.
However, there are many timeshare owners who wish to cancel their contracts for whom the recission period has expired. For these individuals, timeshare cancellation letter templates simply will not work. The timeshare company has no obligation to cancel a contract with you after the cooling-off period and will most likely inform you of just that.
There are websites that promise cancellation of your timeshare contract by following their series of letter templates. Quite simply put, that will not work.
Timeshare companies can tell when the letter they are receiving is from a template, and one can imagine them laughing as they toss the letters into the trash.
If you wish to embark upon the path of canceling your contract alone, know that it will not be easy, and will most likely never come to fruition. Timeshare Advocacy International, however, provides consumers with the help and support they need to achieve real and lasting timeshare relief.
The bottom line: If you’re regretting your timeshare purchase, immediately check and see if you are still within your recission period. If so, you can take advantage of your legal right to cancel your timeshare contract within that period. If not, give us a call or schedule a no-risk free consultation to see how Timeshare Advocacy International can help you.