It is very easy to purchase a timeshare than to cancel a timeshare. Yes, this is a real fact in this real world. The Timeshare industry is growing like anything. There is more competition and so bad sales practices are happening. The members are prey for such false marketing by the timeshare companies. When you wish to cancel, you must get the proper refund too. Here, you need professional help from a timeshare exit company. When you approach yourself, it will be a waste of your time and money.
When can I cancel my Timeshare agreement?
A timeshare member can cancel his or her agreement at his will. There is no need to explain the reason for cancelation on the cancelation letter. However, it is necessary, when they made false promises. As per the timeshare industry and agreed timeshare cancelation are as follows.
- Cancel a timeshare before the grace period.
- Cancel a timeshare after rescission period.
Cancel a timeshare before the grace period means; they will give 15 to 30 days for its members. Here, he or she must use their facilities and see they are ok. If not ok they can cancel with a full refund before the grace period. This is wise to do. However, you have to visit those resorts, vacation home, and clubs to see they have all such facilities and amenities as printed in the sales brochure.
After a grace period is a tough one to cancel with some refund. Here a member would not have gone to the club before the grace period. In such a case, he or she will not be liked by their services and their facilities and amenities present in the club. Here, a timeshare member can cancel their timeshare agreement by stating those reasons. However, they will try to compromise with you. It is not advisable to fall prey once again. If they delay your cancelation, you can file a lawsuit or get the professional help from a timeshare cancelation company.
Refund by a Timeshare Company
It is not always a timeshare company will give a full refund for a timeshare agreement cancelation. Such wonders will happen when you approach a consumer court. They usually deduct administrative charges and any fee pending from the customer end. Apart from these charges they will add taxes too. Therefore, a timeshare member will get a refund amount after deduction only.
Timeshare exit companies are there to deal professionally. They take a fee for your cancelation work. They will provide you a dedicated staff to look after your cancelation work. You can search for the top 10 timeshare cancelation companies in your area. You can find them nearby your vacation clubs too. It is advisable to hire a timeshare cancel service, which has more success rates. You must not end up with a freelancer, third-party timeshare resellers and unauthorized agents. Hence, you can cancel a timeshare agreement according to your will. You can also get a proper refund too.