How Can I Cancel A Timeshare?

Have you ever wondered, can I cancel my timeshare? Before you make a rash decision that could have lasting financial implications, take time to read this article first.  We have provided information that will help you understand what you need to know in regards to a timeshare membership cancellation, and the potential repercussions you could face.

How Can I Cancel My Timeshare?

A timeshare or vacation ownership membership is a legally binding document just like any other legal agreement. It is important to understand that rules and stipulations come with the membership agreement that must be followed. Timeshare contracts cannot be cancelled after the cooling off period has ended which we will discuss in more detail below. Regardless of the reasons a member has for wanting to cancel their membership, it simply isn’t possible after the rescission or cooling off time frame has come to a close. The membership contract is a legal document and clearly states that after signing your membership contract, the timeshare cannot be cancelled. Do not let yourself get fooled by outside companies who try to convince you otherwise. Instead, educate yourself that a timeshare membership contract is a legal document and must be treated as such. Once a members understands these rules, they can protect themself and avoid potential scams from timeshare cancellation companies. Instead,  make the most of your great investment and start planning your next vacation getaway today.

Cooling Off Period Details

Want more clarification about what a cooling off period is? The cooling off period is the time period that occurs immediately after a timeshare contract is signed. During the cooling off period is the only time you can legally cancel your timeshare membership.  The cooling off period was implemented to help protect timeshare providers as well as new members. The cooling off period allows brand new owners a few extra days to more carefully read the contract and understand the membership. Also, the cooling off period protects timeshare providers from wishy washy individuals that frequently change their mind or make rash decisions they later want to take back. On average, the cooling off period is generally 5 to 14 days after the contract was signed.  Always check the specific details of your membership contract to accurately verify the exact cooling off period dates for your membership. Remember, once the cooling off period has ended owners cannot cancel their membership. At that time, the timeshare provider processes the sale and pays out commission to their sales reps.

Help! My Cooling Off Period Is Over

Have you taken the time to look carefully at your timeshare contract?  Are you realizing that the cooling off period for your membership is already over? Are you now not sure what to do next since you planning on cancelling? Since you know understand that your timeshare cannot be cancelled since the cooling off period is over, why don’t you try to look on the bright side. You have made a smart financial investment to plan for great vacations that you and your family will enjoy for years to come.  Instead, make the most of the amazing benefits of a vacation ownership membership and start scheduling your next vacation today. Did you inbest in a vacation ownership membership with a reputable company such as Tafer Hotels & Resorts? If so, you will be thrilled to know that you are now a member with one of the top reputable luxury resort families in all of Mexico. With beautiful and extravagant properties in Puerto Vallarta and new developments being built in Cabo San Lucas and the Riviera Maya, Tafer Hotel & Resort vacation ownership members have access to incredible vacation properties. Take time for yourself and don’t get caught up in the hustle and bustle of daily life. Make the most of your vacation investment and enjoy the special moments that make life so incredible.

Timeshare Cancellation Companies – Avoid Completely

Lastly, it is important that existing timeshare members understand they need to avoid fraudulent timeshare cancellation companies that claim they can cancel your timeshare. This is absolutely not true and they are just trying to scam you. Timeshare cancellation companies scam innocent owners by telling them they can cancel their contract. Instead, they only charge the existing timeshare owner an upfront fee, and never provide a service at all. Do not waste your valuable time or allow yourself to get scammed by these fraudsters. Completely avoid all timeshare cancellation companies to save yourself from unwanted stress and financial duress.

You now know that once the cooling off period has passed, members are unable to cancel their timeshare. Are you in that situation? If so, why not instead appreciate the wonderful investment you have made in yourself and start making vacation plans today. The beautiful and luxurious Tafer Hotels & Resorts are guaranteed to provide you with the best vacations of your life. Enjoy the advantages of your timeshare membership now, and one day soon you may even consider it your dream home in paradise!