Is it Possible to Cancel a Timeshare without Any Costs?

Timeshares are greatly appreciated for the ability to visit luxury hotels and apartments annually, but paying high maintenance fees can become a burden one day. Thus, multiple timeshare owners seek the best way to cancel their ownership - keep reading to discover it.

If you buy a timeshare not long ago, you have a chance to cancel a timeshare contract legally within a rescission period. This time for contract termination lasts around 10-14 days, depending on the state. Make sure you review the local laws regarding the cooling-off period where a timeshare is located, not where you live. If you are still in the rescission period, you need to write a cancellation letter and send it to certified mail. A letter should include details, such as your home address, phone number, the name of a resort, and others.

Getting rid of your timeshare can be possible within a cooling-off period, but other ways also exist. Check up on the infographic below to find out more.

timeshare owners

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