When Can You CANCEL a TIMESHARE Contract?

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For many years, the appeal of timeshare ownership in a hot vacation spot attracted millions of buyers.

However, the industry has been gaining a bad reputation.

The truth is that timeshares might be suitable for some people, but the big scam about them is that they are being sold using unethical methods.

As a result of this, there are thousands of timeshare owners who are willing to do anything to get rid of their units.

When can you cancel a timeshare contract? Read this article to find out!

Also read: How long do I have to rescind my timeshare? – Mexican Law

Why Should I Cancel my Timeshare Contract?

Time shares are an expensive purchase, and with the economy as it is at the moment, it is difficult to maintain one.

These are some reasons why you should cancel your timeshare contract:

  • You will no longer have to pay any timeshares fees, such as maintenance and special assessment fees.
  • You will have the freedom to vacation wherever and whenever you want.
  • You will no longer have to deal with any threatening calls from the resort, trying to remind you to pay your fees
  • You will not waste any more time trying to sell or rent your timeshare, you will no longer be stuck with it!

Also read: Time shares, are they a good purchase?

When Can you Cancel a Timeshare Contract?

Timeshare cancellation should be done as soon as you don’t feel happy with your purchase.

If you experience buyer’s remorse just a few days after you signed the contract, you should know that there is a rescission period in every timeshare contract, which depends on the country where you purchased your timeshare.

In Mexico, there is a 5-business-day cancellation period.

If you are still under your rescission period, you should send the resort a certified letter requesting the cancellation of your contract.

However, if the rescission period has expired, it is better if you look for legal help.

Beware of Timeshare cancellation companies that ask you for an upfront fee to assist in your case.

Also Read: Timeshare Regulations in Mexico

When Can you Cancel a Timeshare Contract? - As Soon As Possible!

It's time to cancel your timeshare contract!

At Mexican Timeshare Solutions, our associates have several years of experience in the timeshare industry and are successfully able to resolve timeshare scam cases in an ethical and professional manner.

The goal of MTS is to provide our clients with the best way to get out of their timeshare contract, by cancelling it properly so that they can vacation on their own terms.

Contact us at MTS for a free consultation and analysis of your timeshare situation.

We do not charge any fees until you have received confirmation that your timeshare has been properly cancelled, so you have nothing to lose, except your timeshare!

To receive more information about when you can, cancel a timeshare, send a WhatsApp to +52 1 333 239 6589, fill in the form in the contact section, or call us at +1 714 277 3662. 

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Timeshare Cancellation Rights

Rules of timeshare cancellation

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