Cancel Your Timeshare
There are several options for legally canceling a timeshare contract, including:
- Rescission period: Many countries have a legal rescission period during which you have a short time to cancel the timeshare contract without penalty.
- Cooling-off period: Some countries have laws about a cooling-off period during which you can cancel the contract without penalty.
- Cancellation for cause: If the salesperson made false or misleading statements, or if the resort is not as represented, you may be able to cancel the contract.
- Use a specialist timeshare cancellation company: Timeshare Release and our parent company European Consumer Claims (ECC) specialise in helping people cancel their timeshares.
- Negotiating with the resort: Some resorts may be willing to work with you to cancel the contract, especially if you are unable to use the timeshare. However this is very unlikely
It's important to note that the rules and regulations vary from country to country, so it is a good idea to consult a lawyer or an attorney who specialises in timeshare law. We can recommend specilist timeshare lawyers.
Contact Timeshare Release today and find out how we can help you cancel your timeshare contract.
About Timeshare Release
During the Timeshare sales boom of the 80s & 90s, potential buyers were lured in by the promise of affordable exotic holidays, flexible exchange programmes and the impression that Timeshare would be a valuable "investment".
In an industry with little or no regulation, high pressure sales tactics were rife and contract smallprint was often glossed over and explained away by sharp salespeople.
Many Timeshare buyers were therefore unaware that they were actually making significant, long term financial commitments on behalf of themselves and their families.
To find out how you can escape the Timeshare Trap please complete the short Timeshare Release Wizard now.
The Timeshare Trap
For many Timeshare owners, annual maintenance fees were barely considered token amounts in the early "honeymoon period" of ownership.
However, year-on-year increases imposed by the resorts over time now mean that the maintenance fees have risen to become substantial sums.
Owners are also facing the prospect of ongoing yearly fee increases and realising that they (and their families) are often committed to long term contracts for generations to come.
Please try our Future Fees Calculator to estimate your liabilities over the term of your Timeshare contract, based on an annual increase of 7.5%.
If you're concerned about rising fees and how to escape the Timeshare Trap, please contact us today.
Timeshare Owner Reports
Recent comments from RCI Timeshare owners who have come to us for help with contract cancellation:
Mr Steve R, Middlesex - RCI/Hollywood Mirage
“We 'swapped ‘another place in Tenerife for this in order to move to the points system. Since then, getting exchanges to desirable resorts proves almost impossible, irrespective of in-season or off-season.”
Mrs Rachael B, Yorkshire - RCI Europe
“I purchased my timeshare in 1999 and have been a timeshare member ever since. More often than not, I have not be able to go where I wanted and have ended up giving a few weeks to Friends, etc to book somewhere they wanted in order not to lose the weeks. I have then stayed in a hotel!! I am desperately trying to get rid of the timeshare and am now paying Timeshare Shop in Manchester to get rid of it for me.”