Directory Image
This website uses cookies to improve user experience. By using our website you consent to all cookies in accordance with our Privacy Policy.

Ways to Get Rid of Your Timeshare

Author: Susan Budowski
by Susan Budowski
Posted: Dec 18, 2021

When your timeshare maintenance costs are due, you dread seeing the money disappear from your bank account. The resort is now acting like an obnoxious party guest who eats all the food and doesn't seem to notice that you've had enough of them. It's possible that things weren't always like this. Perhaps you used to enjoy your timeshare before your children grew older, your spouse became ill, or your financial situation changed.

Use the Recession Period to Your Advantage

The recession period is a period of time during which you can change your mind about buying a timeshare and walk away from it. There's only a small window of opportunity. Each state in the United States determines the length of its recession period. If you need a timeshare cancellation in Florida, you need to hire a reliable timeshare lawyer in Florida.

Laws of Recession

Recession laws are determined by the location of your timeshare, not where you live, so make sure you seek up the legislation in the relevant state. If you bought a timeshare outside of the United States, you'll need to look into the legislation of that country. The redemption period may begin on the day you purchase the timeshare, but it could also begin when you get the public offering statement. Also, find out when the recession period is set to close. If you have the public offering statement for too long before purchasing the timeshare, several states would exclude you.

Cancellation Letters for Timeshares

If you're still in the probationary phase, that's fantastic! All that's left is to cancel that annoying timeshare purchase with the help of timeshare exit lawyers in Florida. To do so, draught a cancellation letter informing the resort that your stay is finished and mail it to their cancellation address. However, because these resorts are clever and tricky, many of them disguise the address in microscopic fine type or leave it blank. Of course, simply submitting your letter does not imply that the resort will suddenly begin to play by the rules.

Request That the Resort Return It to You

There are still ways to get out of your timeshare if you missed the recession period. Some, such as a timeshare deed-back, are surprisingly straightforward. This is a lawful and low-cost method of returning the property to the resort. Examine the documents in your timeshare to see if this is a possibility for you.

About the Author

The author of this article is an experienced timeshare attorney in Florida. In this article, he has mentioned a few factors to consider while choosing a timeshare. Visit https://www.susanbudowski.com/.

Rate this Article
Leave a Comment
Author Thumbnail
I Agree:
Comment 
Pictures
Author: Susan Budowski

Susan Budowski

Member since: Sep 10, 2020
Published articles: 14

Related Articles