If you are the unhappy owner of a timeshare, is a cancellation possible? For many people, this is a question they wish to have an answer for, as they now realize the purchase probably wasn’t their best idea of late. You can utilize a timeshare cancellation. People do it every single day. There are several reasons why you might wish to cancel the timeshare. Those reasons include:
- A contract is a legally binding contract but it can be cancelled if the contract was made in mistake or if fraud has occurred.
- Right of recession gives you time to cancel the contact. Learn if you are still within this timeframe of cancellation.
- Misrepresentation of the timeshare
Although timeshare companies want buyers to think they cannot cancel their contract once it is signed, the truth of the matter is that a cancellation is very much possible for many different reasons. This includes those listed above.
Don’t think that a timeshare company will be so grateful for the return, however. Most companies go to extremes to prevent this type of situation from occurring. When faced with a lawsuit or threat of a lawsuit, however, most companies accept their fate and accept the timeshare return.
If you want to get out of the contract but would rather avoid the headaches of a cancellation, perhaps you know of someone who wants the timeshare who would take things over. If so, you may add their name to the timeshare and transfer it over, freeing yourself of future obligation of the timeshare.
Do not try to handle a cancellation on your own. There are professionals ready to assist you with the process of cancelling a timeshare, and their services makes things so much easier for you. Use the services and benefit!