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What are the rescission laws for timeshares in Mexico?

What are the rescission laws for timeshares in Mexico?
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The right of cancellation cannot be denied. If you try to cancel, the timeshare salespeople will tell you that you have lost that right when you signed the contract. But this is not true. Mexican law provides that purchasers have legal right to cancel their timeshare contract without penalty. Learn what are the rescission laws for timeshares in Mexico.

Timeshare scams in Mexico

Mexico is considered one of the premier destinations in the world due to its culture and beautiful scenery; also is the second country with more timeshare developments of the world, which means timeshare industry is strong in this country. Unfortunately, a big number of timeshare companies use fraudulent sales tactics in their timeshare presentations, that’s why the timeshare industry in Mexico is gaining a very bad reputation, as we can see in:

Mexico Timeshare Scam

Mexican Timeshare Fraud

Timeshare Scams in Mexico vs. USA, why are there more situations of fraud in Mexico?

There are hundreds of people who have become victims of timeshare fraud in Mexico, and this is the reason why most of them feel they need to rescind of their timeshare purchase.

What are the rescission laws for timeshares in Mexico?

If you purchased a Mexican timeshare, but you have decided that your purchase is a mistake, don’t be worried, you still have the right to rescind of your timeshare contract.

There are many reasons why timeshare owners feel uneasy about their timeshares purchases: they are very expensive, timeshare maintenance fees highly increase every year, or they just realize that they don’t really need it or they were scammed. They are several things to keep in mind about the rescission laws for timeshare in Mexico.

Every timeshare contract in Mexico has a 5 day rescission period, regardless of what the timeshare resort tells you. If you request the cancellation and the timeshare company tells you that you cannot rescind, this is illegal.

Rescission laws for timeshares in Mexico protects foreigners as well as Mexicans in the timeshare matter, so don’t allow the timeshare company confuses you or deny you your rights to cancel the timeshare ownership.

The timeshare company must refund all the money that you paid without any penalties, but sometimes the timeshare resort refuses to give you a refund. If this happens to you, you can file a formal complaint against the company with PROFECO.

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What is PROFECO?

Office of the Federal Prosecutor for the Consumer, better known as PROFECO, is the consumer protection agency whose purpose is to strengthen consumer rights. They have a department to protect consumers against abuses or fraud by Mexican companies. Many timeshare scam victims that purchased a timeshare under the Mexican law target to this department.

 How to rescind a timeshare contract in Mexico

If you purchased a timeshare in Mexico and you want to cancel it, you must follow these steps according the rescission laws for timeshare in Mexico:

  1. Act quickly! The rescission period in Mexico is the 5 business days.
  2. Read your contract, and follow the instruction about the cancellation.
  3. Write and send a timeshare cancellation letter via certified mail, and keep evidence that you cancel on time.

 Rescinding after the rescission period

Most of timeshare buyers do not realize that they have been scammed within the rescission period, and unfortunately, the cancellation of the timeshare contract becomes more difficult, but you still have the possibility to cancel.

If you find yourself in a situation where the rescission laws for timeshares in Mexico are not on your side, do not despair. At Mexican Timeshare Solutions, our professional staff will work hard to ensure that justice is obtained. We are the only company that does not charge upfront fees to cancel your contract. Contact us for a free consultation on how we can help you release you from any timeshare obligation in a legal way.

 Information to Share

If you liked this article, please help us to share this information to more people in order to avoid more timeshare scams victims, how?

 To know more about the rescission laws for timeshares in Mexico, visit:

Timeshare Regulation in Mexico

Get out of a timeshare legally – Timeshare Law

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

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9 Comments
  • NicoleJune 9, 2015, 10:29 am

    My husband and I purchased a vacation club membership from Royal Elite Caracol. We felt cheated and deceived since the 5 day recission period was never exolained to us, we were coersed into signing a "waiver of the 5 days", we had no idea what we were signing and were were lied to by making us beleive that we could basically return the membership to occidental if we wanted to sell it. Now we cannot afford to make the payments, and are stuck with this membership I feel we were mislead into purchasing!

  • Camila GlezApril 13, 2015, 2:41 am

    es una verdadera pena que se deje pasar por alto tantisimo solo por dinero, yo he sido victima de todo esto de los tiempos compartidos, de comprar una cosa en la que soy engañada para solo tirar mi dinero, y cuando me queje con las autoridades correspondientes no hicieron absolutamente nada, sigo peleando por ello...

  • josue lopez rodriguezApril 6, 2015, 5:42 am

    royal holliday ladrones de primera plana, el mayor problema es que el gobierno permite que estas ratas hagan su agosto y se burlen de la honestidad de buenas personas, todo lo que refieren los demas afectados es cierto, nunca hay fechas para reservar,aumentos de los costos sin consentimiento de los usuarios, falsas promesas al vender, algunos desarrollos son una porqueria, sale mas caro reservar con ellos que hacerlo uno por su cuenta, son peor que garrrapatas se la pasan molestandote todo el tiempo y todavia tienen el descaro de amenazarte en ponerte en el buro ce credito cuando ellos incumplen en todo lo que te ofrecieron al venderte la membresia QUIEREN UN BUEN CONSEJO NO COMPREN TIEMPOS COMPARTIDOS , viajen cuando ustedes quieran , busquen en internet y encontraran mejores precios y al gusto de ud. por que aparte de de necios y la porqueria de desayuno que ofrecen les puede resultar MUY CARO QUE DESAPAREZCAN LOS TIEMPOS COMPARTIDOS O CASTIGUEN Y CLAUSUREN A LOS QUE MAS QUEJAS TENGAN PARA QUE NO SE AFECTE EL TURISMO NACIONAL Y EXTRANJERO. GRACIAS.

  • CamilaMarzo 30, 2015, 3:40 pm

    entonces que deberiamos hacer si jamas se nos informa que tenemos un periodo de cancelacion... O PEOR AUN.. si nos piden que renunciemos al derecho de cancelar por unas cosas extra que nisiquiera nos dan despues? ESO ES TODO UN FRAUDE!!! yo quiero deshacerme de mi tiempo compartido y olvidarme de todos estos problemas

  • KarlaMarzo 16, 2015, 12:09 pm

    me molesta que no hablen las cosas claras cuando se adquieren los tiempos compartidos la verdad, yo compre el mio hace unos meses y la verdad nunca me dijeron que tenia 5 dias para cancelar, asi que fui a la semana pensando que aun podria y fue en ese momento que me dijeron... que ladrones

  • XimenaMarzo 2, 2015, 9:20 am

    mexico es un destino precioso y es una pena que las leyes sean tan pobres, yo adquiri mi tiempo compartido hace un tiempo y no he sido capas de cancelarlo, infelizmente no tendria que cancelarlo si todo lo que me fue prometido se cumpliera, pero es evidente que lo unico que ellos querian era mi firma, no me parece justo que ratas como esas digan lo que quieran e ilusionen a la gente haciendole creer que hicieron la mejor compra de su vida para despues no ser castigados por ello

  • Melissa Marzo 2, 2015, 8:55 am

    I'm tired of them, i can't believe this is really happening to me. I purchased my timeshare the last year, i tried to use it this year but it was impossible. So i started to do a research about my resort and i just saw awful comments, saying that they are liars and thieves. I think, i was scammed, i have so many reasons to think that. Please help me.

  • LawrenceFebruary 20, 2015, 1:40 pm

    i didn't know about the 5 days period!!! i thought i would be able to cancel whenever i want, in case i couldn't pay it, but i was so wrong, and so stupid.. now i can't pay it anymore, the maintenance fees have increased a lot and i don't use my week so often. I want to cancel it, if there's a chance

  • Adam CoxFebruary 19, 2015, 4:56 pm

    the mexican law in mexico doesn't exist, they do whatever they want.. i've been scammed 2 years ago and i tried to cancel with the resort first, they told me it was impossible and i will get no refund, so i contacted PROFECO and they didnt help me at all, i still want to cancel my timeshare!

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