So, you purchased a timeshare. Whatever the circumstances under which you decided the purchase was a good idea, you have had a change of heart. How do you go about canceling a timeshare?

The answer is complex and varies depending on your circumstances. However, a working knowledge of the basic steps can help prepare you for undertaking this process.

Step 1: Gather & Review Documents

Begin the timeshare cancellation process by gathering all documents related to your purchase and ownership in one location. Carefully read and review all documents. Pay particular attention to the contract and any addenda thereto. This will provide you with the important information you need to undertake this complex process.

Step 2: Leverage the Recission Period, if Possible

If you are within your contractual rescission period – sometimes called the cooling-off period – you should be able to successfully cancel your contractual obligations for the timeshare without excessive hassle. Carefully follow the steps for cancellation that are outlined in your contract. Typically, this involves sending a certified letter to the property’s developer, but every property and contract is different, so be sure you follow the contract requirements to the letter.

Step 3: Contact the Timeshare Developer

Whether or not you are within the rescission period – and especially if that time has passed – it is important to contact the timeshare developer to discuss your desire to relinquish ownership of the property. Many developers have programs in place for this very purpose. Learning about your options for canceling a timeshare is an important step in the process. This is true even if you have already followed the steps outlined in the contract for cancellation.

Step 4: Consider Alternative Action

If you run into a roadblock in canceling your timeshare contract, you might want to consider alternatives. This could include renting your timeshare, listing and selling the property, donating it to an eligible charity, or gifting the property to a family member or another party.

Unfortunately, many timeshare owners are not interested in any of these alternatives. In that case, it may be time to explore another alternative, which involves getting help from a qualified timeshare cancellation company.

Step 5: Seek Help from a Timeshare Cancellation Service

As much as you hope the process for timeshare cancellation is simple, you might find that you struggle with achieving this objective. In that case, reaching out to an experienced timeshare attorney or cancellation company is the best way to successfully complete the process.

Developers typically take steps to make the process difficult and confusing for timeshare owners. A cancellation service understands these factors and knows how to work within the legal system to help you achieve your goals for timeshare cancellation.

Let’s take a look at how the process works when you use the services of RFA Cancellation.

Complementary Consultation

The first step in our process is to talk extensively with you about your situation. This takes place during our no-cost, no-obligation consultation. This consultation allows us to learn more about you and your circumstances. It also gives us the opportunity to explain the process and answer your questions.

Case Documentation

Once you decide to proceed to the next step with us, we begin the process of documenting your case. Once you provide us with your documentation, we carefully review all items to determine what options make the most sense for you under the circumstances.

Case Proposal

After our evaluation of your documents and circumstances, we put together a case proposal for your review. This proposal outlines the ways in which we believe we can best help you achieve your objectives. If you accept our proposal, we are ready to move on to the next step.

Case Opening

This is the part of the process where the real work begins. We assemble a team of professionals to assist you, along with a dedicated Client Services Manager, who will function as your point of contact. The makeup of your RFA Cancellation team will depend on how we plan to proceed, based on the highly personalized legal strategies we adopt for your case.

The good news is that you do not have to undertake the timeshare contract cancellation process on your own. With RFA Cancellation on your side, you can rest assured that you will be in good hands.

Contact us now to learn more about the timeshare cancelation process, and how we can help you get the outcome you are looking for.

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