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How can you cancel your timeshare?

4:53 AM |

Canceling your timeshare is not an impossible task. Companies often try to ensure that when a customer wants to rescind their timeshare property, the company still gets their credit amount. But these contracts have a window for timeshare termination. This allows the customer to cancel their contract. But the customers often skip these details and end up exceeding the specified duration. So you need to ensure that your timeshare cancellation is carried out before that period expires.

What are the necessary steps for timeshare cancellation?

Timeshare termination has now become easy with various updated laws for the people. However, you need to follow some steps to ensure that your timeshare termination is a smooth process. Your major focus should be on your timeshare contract and the rescission period provided in it. Once you know that you fall within that window then type out a notice and send it to the company. You will also be required to make copies of all your timeshare related documents including the contract. Different companies prefer different modes of delivery of your timeshare cancellation statement so it is necessary to adhere to that as well.

What happens if your rescission period expires?

Customers often overlook the rescission period in the contract. So if you have missed the duration to rescind your contract then you need to act fast. The best way in situations like these is to find out if there has been a breach in the contract from the company’s end. If you can find out that there has indeed been a breach of contract then you can prove the same in your lawsuit and have an easy timeshare cancellation of your contract. But in case there hasn’t been any such breach then you always have the option of selling your timeshare.

An expert’s help is always welcome

Every timeshare company is required to provide the customer with a Timeshare Public Offering Plan. This document basically explains the customer all they need to know from a financial point of view. So, if your company has not provided it then you have the option of timeshare termination. However, in order to get the best possible results, it is always advisable to take the help of a competent attorney. The attorney can help you find any loopholes that might be in your contract and show you how to utilize it for your timeshare cancellation.

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Posted by US Consumer Attorneys

Timeshare Deed For Vacation Home Sharing Professionally

2:18 AM | Labels: ,

Timeshare was originally known as vacation or holiday home sharing.  A group of 4 families would buy a vacation property jointly and then divide its usage between the 4 seasons.  They would also rotate it so that all got to enjoy the different seasons.  In the initial stages of the timeshare industry, timeshare owners were deeded a slice of real estate such as an apartment, suite, or condominium and the duration of use was divided up between the owners.  This was done through a timeshare deed.  However, as more timeshare companies came into being, clients started yearning for more flexibility in their holidays.  They wanted the option of exploring different resorts and holiday spots instead of going to the same place repeatedly.

Access To Resorts And Its Facilities With Timeshare Deeds

Timeshare deeds allowed owners to have access to the resort and all the facilities it offered during the week allotted to them.  The deeds are made in the name of the purchaser but can be willed to relatives, gifted, or sold to third parties.  Timeshare companies realized that offering flexibility in the way of ability to use their resorts at different holiday locations was likely to bring in more clients.  They thus set up point systems according to which the more popular places were given more points.  The number of points allotted also depended upon the popularity of the resort location, the number of nights, the appeal of the season, and the size of the accommodation.   Point system allows the owners to have more options as far as resort location, the unit, and even the week to be used.

Types Of Timeshare Ownership

The floating week option allows owners to book their reservation within the season that has been allotted to them.  The right to use ownership is the third option offered by timeshare companies wherein there is an expiry period for timeshare ownership.  In the first two options, the owner can do a timeshare transfer.  It is only in the last option that the ownership has a timeline.  The initial thrill of timeshare ownership palls after a while and that is when owners look for ways to get rid of their timeshare.  The reasons could also be financial as the maintenance fee usually goes up over time.  Although it may have been taken as an investment, timeshare buyers soon realize that it is a drain on their money.

Reasons People Opt For Timeshare Transfer

People opt for timeshare transfer when they grow older and are unable to travel or meet the travel expenses.  Travel fares can be quite steep especially if you buy it during the holiday seasons.  The timeshare agreement is quite complicated and you may sign the document without reading all the fine print.  Owners realize soon after they commit, that all the promises are not really true.  Trading your vacation spot for another is easier said than done.  The financial commitments that come with owning a timeshare can also be rather steep.  The value of the timeshare depreciates with time and it can be quite difficult to sell it.

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Posted by US Consumer Attorneys

Timeshare Rescission Period: Use It While You Can

11:33 PM | Labels: , ,

Regrets after falling prey to the pressure tactics of timeshare sales are pretty common. More common than you’d ever realize! The deceptive sales presentations can sometimes hypnotize an otherwise careful consumer to sign a deal.

However, that’s exactly where timeshare rescission period comes to the rescue. Afterthoughts of timeshare termination can easily be implemented if you’ve got the advantage of the rescission period. Here’s your quick guide to the same.

About Timeshare Rescission Period

So what’s this so-called “cooling off” period or the timeshare rescission period? A small window of time, varying from a few days to a few weeks depending on the state laws, that immediately follows the contract signing, within which timeshare consumers are allowed to cancel the contract without reasons and without any financial implications. From the consumer’s perspective, this is an extremely important time frame for consumers facing timeshare regrets. Statistics indicate a percentage as high as 80 percent for timeshare regrets with consumers seeking timeshare disposal.

If you’re suddenly wondering why your timeshare company did not inform you about the rescission period, you’re not alone. Most states do require sellers to inform the buyers about the timeshare rescission period as well as to mention the same in the contractual documents. That said, timeshare documents are a bundle of paperwork and information like this is often mentioned in the fine print, deliberately created to escape the untrained eyes of prospective consumers.

How Long Does It Last?

There is no standard duration for a timeshare rescission period. The same varies from one state to the other and is dependent on the individual state laws. While some states allow only a few days post contract signing, others allow a period of 10-15 days for timeshare termination after the signing of the contract.

It is also important to consider terminologies such as “calendar days” and “work days” to calculate your overall timeshare rescission period.

Use It While You Can

If you’re having some serious timeshare regrets and are still well within the timeshare rescission period, you’ve got luck on your side! While oral communication is also accepted by some timeshare companies, it is always advisable to document your actions and hence send out a written letter stating your intent for timeshare disposal.

Additionally, it is important for the letter to state all details of the timeshare (you could also enclose a copy of the documents) as well as a mention of the circumstances that led you to purchase the same. It is also important to check out the state laws as well as the concerned timeshare laws to get a complete list of the data that needs to be provided along with the letter for timeshare termination request.

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Posted by US Consumer Attorneys
Location: 5173 Waring Rd #106, San Diego, CA 92120, USA

Getting rid of your timeshare

2:13 AM | Labels: , , , ,

More often than not, you end up getting into a timeshare property solely because an enthusiastic sales guy made it sound too good to resist at that moment. You end up purchasing the timeshare, not realizing that you’ve barely had a chance to understand the property, its legal implications as well as plan your own budget and finances. And once you’re settled with your daily lives, the financial burden suddenly makes you question “how to get out of the timeshare?”

As tricky as it seems, there are possible answers to questions like “how to cancel timeshare?”

 Quick internet research will tell you that there are numerous timeshare cancellations companies that help with the process of getting rid of a timeshare. That said, there are generally only a few legal solutions for a timeshare cancellation.  Read on to get a clearer understanding of how things work for a timeshare cancellation.

 Canceling a timeshare
Most companies offer customers a timeshare cancellation within a short period of time without any serious financial implications. That said, different timeshare organizations have different terms and conditions stated in the contract. 

 It is hence important to go through your contract, word by word, to understand the real implication of the same and the think of a legal solution of timeshare cancellation. Sometimes, a zero mention of the cancellation terms and its liabilities in the contract could clearly be to your benefit which could mean an easy way out without having to take any financial implications of the same.

 Additionally, it is important to check the state laws for the same. Various state laws have a provision regarding the timeframe for contract cancellations and the same may work out favorably for you.

 All said understanding and working out a timeshare legal solution could often be overwhelming for individual customers. Getting rid of a timeshare could mean a huge amount of legal hassles, paperwork, financial aspects, etc. The best way to smoothly manage the same is to hire the services of a leading timeshare attorney/consumer attorney company that can do the job for you. Choosing a timeshare attorney/consumer attorney or an organization that has rich legal expertise in timeshare cancellations along with a positive reputation is an easy way to manage the situation.

 Reselling a timeshare
In certain scenarios where timeshare cancellation is not a possibility, a possible way to get out of a timeshare is to resell it. That said, it is important to be mentally prepared to receive a depreciated value of the timeshare when you finally manage to crack a resale deal. Timeshares depreciate at a fast pace and most resellers end up receiving close to 50-60% of the original value. However, as long as you’re not using your timeshare and are simply wasting money by paying up for it year after year, selling it (even at a depreciated value) is still a good solution.

 Talk to your timeshare company to understand the timeshare legal solutions for selling your share. Through internet research will enable you to get on to specific websites that deal in online trading for the same. Various real estate agents also undertake to same for a marginal fee. Your timeshare cancellation attorney/company could be a good source to lead you to these possible solutions.

 And if money is not a very big concern, gifting away your timeshare to a friend/relative is always possible. Most timeshare companies happily accept the same. 

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Posted by US Consumer Attorneys

Choosing the Best Way to Exit From Your Timeshare Contract

2:42 AM | Labels: , , , , , ,

Timeshare Exit in Canada is a popular strategy to get out of Timeshares. Even with a lot of legal help, the process can take a couple of years to solve and here’s why

Fine Prints of a Timeshare Contract
Navigating the fine print, the complexities and the conditions in a Timeshare contract in Canada can be difficult, laborious and time-consuming. It will take exceptional aggression, knowledge of legal laws, contractual flaws and perseverance to gain a foothold in a war against Timeshare companies. With the right help though you can find loopholes or illegal mistakes within a contract that can aid in gaining a release from Timeshare.

 One such flaw exists when Timeshare contracts do not set or specify an end date meaning that the contract never expires. Such Timeshare contracts that cross the fifty year contract period are known as Perpetuity Contracts. Using this fact, you can hope to cancel your Timeshare in Canada with compensation and paid legal fees. Another area of contention is the Timeshare points and concept of Floating Weeks. Most often Timeshare owners are unable to book a holiday even if they have done so two years in advance.

 Usually, this is due to manipulation in the system, where paying non- members are given priority over members. This leaves inferior slots or dates for existing members who have already invested a high amount. Every contract comes with a ‘cooling off’ period where the buyer can reconsider his decision before there is any monetary exchange. Very often money taken during this time isn’t returned if ever the individual changes their mind. Timeshare Attorneys in Canada will legally help consumers to not only cancel the contract but also to recover their payment in double.

Cons of Hiring a Timeshare Attorney
Before you consider choosing a Timeshare Lawyer in Canada, you must be thoroughly aware of the costs involved. The fees start from the time of consultation and include additional hidden charges. Watch out for attorneys that ask for an advance fee upfront. Consider your budget and then determine the type of lawyer you can afford. One of the common mistakes most people make is to hire legal help from companies that don’t specialize in Timeshares.

 In-depth knowledge is necessary to help you win your battle against Timeshare companies and their contracts. Check for credentials, past references, and similar case handling. Spend time choosing a competent lawyer who will take the time and effort to assist you. Timeshare attorneys must be trustworthy and transparent in their dealings and strategies. 

 Most lawyers dealing with Timeshare in Canada do not disclose pertinent details and information simply because they do not possess the necessary mechanisms that will ensure a quick smooth exit from the Timeshare contract.
Pay attention to the way they communicate, find out if they have your best interest in mind and be confident of their skill and expertise on the subject.

 Apart from taking the legal route, there are other alternative ways to get out of a Timeshare contract. You can sell, share, exchange or even opt for Timeshare mortgage in Canada.

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Posted by US Consumer Attorneys

How to Cancel a Timeshare Contract During and Beyond Rescission Period

4:05 AM | Labels: , , , , ,

Do you want to cancel a timeshare purchase? It’s not easy because you’re entering into a legal contract with the timeshare or resort developer. You are legally bound to adhere to the provisions of the contract and abide by contract laws. But a team that includes an experienced, knowledgeable timeshare attorney and timeshare industry professionals can help you obtain the release you seek.



Cancellation during Rescission Period
Timeshare cancellation is easier to accomplish during the official rescission period. Usually, timeshare companies allow consumers to cancel their purchase within a stipulated time period – most often the timeframe is between three to seven days after purchase. Most US states guarantee a right to cancel timeshare if the contract is signed in the state. If you are still within the timeframe for cancellation, communicate your request for timeshare cancellation in writing to the timeshare company.

What Can Go Wrong?
Many timeshare holders do not seek the services of a timeshare attorney if they are still within the rescission period. It’s important to submit the request in the prescribed manner or else your application may get rejected. Even a small mistake such as not following the exact method of delivery can get your request rejected. An experienced timeshare attorney can assist by reviewing the specific terms of the timeshare contract and advising you on the exact steps to follow so that your request does not get invalidated.

Cancellation beyond Rescission Period
Because of popular perception, timeshare holders believe it’s virtually impossible to cancel a timeshare beyond the stipulated rescission time period. Many seek release because of ever-escalating timeshare fees that can add up to a substantial amount and reduce the worth of owning a timeshare. The picture is all very rosy during the initial presentation. The reality is something else. Timeshare companies adopt aggressive sales tactics and instances of timeshare fraud are not uncommon. Before you know it, you’re caught in a web with no way to escape.

Legal Solution to End Timeshare Contract
In such a scenario, it’s the timeshare fraud practices themselves that can come to your rescue. There may be a timeshare legal solution if you can prove that the company adopted unethical, coercive or fraudulent tactics to lure you. From simple things – like a free meal, trip, gift, event – to fake promises like a buy-back offer or a guaranteed increase in value – can be considered unethical and illegal. The timeshare company can be held legally accountable for using lies, intimidation or fraudulent claims to sell membership.

Consult Specialist Attorney
A timeshare legal solution may involve various aspects of the law – contract law, general consumer rights, and timeshare industry law to name a few. The good news is that expert timeshare attorneys have successfully renegotiated terms with large timeshare and resort developers. Together with timeshare industry professionals and contract law lawyers, they guide and assist timeshare holders to obtain freedom from contractual and financial obligations – even if it means filing a lawsuit against the timeshare company.

Why put up with exorbitant timeshare fees when the timeshare no longer serves your needs? Consult an experienced timeshare attorney firm to find an appropriate solution for timeshare cancellation! 

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RCI Helping Families To Connect Through Holidays

10:05 PM | Labels: , , , , ,

The Resorts Condominiums International or RCI were the pioneers of the vacation exchange concept.  They felt that giving timeshare owners a chance to swap their holiday homes with others would make it more interesting for them besides offering them more choice and greater value for their investment.  Timeshare owners were given an opportunity to swap their home resort holiday for a stay at another resort for the same duration.  Thus the whole concept of timeshare holidays took on another dimension and revolutionized the holiday event for people the world over.  RCI resorts are located all over the globe which makes it possible for members to plan their vacations in different places every year.

Exploring The Globe With RCI Timeshares
Timeshare week can be deposited in the exchange inventory by RCI members who can then use another week in the year for their vacation in a different place.  RCI timeshares allow members to explore different locations in the globe without investing in different timeshare schemes.  RCI does not manage any of the properties directly.  The number of resorts that are deposited into the exchange inventory determines the number of resorts available for its members.  Often timeshare developers affiliate themselves with RCI making it possible for their members to automatically avail of all RCI benefits once they sign in to be members.




 Choosing The Right Holiday With RCI Resorts
RCI resorts help to create beautiful memories for their members.  They realize the importance of holidays to help families and friends bond together.  Their members can dip into their huge network of resorts and holiday destinations to relax during their vacations.  RCI membership allows you to stay in quality accommodation with just a nominal charge.  RCI resorts are classified as Gold Crown or Silver Crown based on their maintenance, housekeeping, and hospitality.  Holiday destinations are also classified so that you can choose a vacation that you like such as a family vacation, a golf vacation, health spas, beaches, or lakes.

Opt For The Right RCI Program To Get The Most Benefits
RCI reviews are rather mixed and depends a lot on the type of program you have opted to be a part of.  RCI Weeks membership is based on the trading power value of your timeshare week.  This value depends on the type of resort you have invested in, the size of the accommodation, the type of amenities available at your resort, and the seasonality of the week you have chosen.  Those with timeshares that have greater trading power have better opportunities for choosing more exchange holiday bookings per year.

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Posted by US Consumer Attorneys

Why purchasing a Timeshare is a bad idea?

12:28 AM | Labels: ,


Going on a vacation is something everyone looks forward to and the fun factor doubles if everything is well-planned in advance. Many people in the US prefer buying a timeshare property for vacationing with their family every year. As they find it difficult to manage the hassle of making reservations at hotels, airlines, etc. for trips, they consider Timeshares to be a good option for going on trips without much chaos.


As per industry experts, most people might use their timeshare only once in five years which makes their purchases absolutely worthless. Irrespective of the fact that Westgate timeshare resorts are beautiful and have all the amenities inside, paying a heavy maintenance cost every year without knowing if it will be used every year for vacations, purchasing a timeshare property is certainly a bad decision. While some people keep paying the maintenance amount over and over again every year, one can get out of the contract with help of an experienced timeshare attorney.

Why is timeshare bad?
The way timeshares work- A timeshare purchase gives a person a partial ownership in a vacation property. One has to pay an upfront amount to purchase the vacation unit and an annual maintenance fee. A person has access to the vacation property for a specific period of time. Since most timeshare agreements are indefinite contracts, a person is obliged to pay the maintenance fee indefinitely, which comes across as a financial baggage.

The missing investment factor- One can’t get the true worth of Westgate resorts timesharecontract due to the following reasons.

·       There is a huge resale market, but a person may only be able to sell his/her unit for less than half of what was originally paid.

·       Similar to a car, the value of timeshare property only decreases after driving it off the lot (owning it).
·       It’s a rare possibility that a timeshare increases in value. One should acknowledge the fact that it will only lose value in future, as the total cost of the ownership was marked up to cover sales presentations, giveaways, and incentives.

·       Usually, timeshare companies target people when they are on vacation and their defenses are low.
·       The maintenance cost for most timeshare properties is high and it keeps growing at a higher rate. The amount a person spends on paying the maintenance fee of a timeshare property could be more than enough to stay at a decent hotel for a week.

Despite all these drawbacks, the timeshare industry continues to attract more and more people every year, who are willing to acquire the liability of timeshare for no significant reason.

Timeshares don’t generate income- People, who buy a timeshare have only partial interest in the property. They need to understand that it doesn’t give them all the advantages that people get for owning real estate property.

As several people have interest in the same property, it doesn’t offer standalone ownership of the property. One cannot do anything with the vacation unit as he/she pleases. Unlike a true vacation unit, one can physically occupy the timeshare resort only for a specific time of the year.


Considering the negative points of purchasing Westgate resorts timeshare, industry experts suggest that staying at a hotel for the vacation week is much cheaper than getting into a timeshare contract.

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Posted by US Consumer Attorneys

The Dangers of Hidden Timeshare Fees and What You Can Do To Exit

11:10 PM |

So, you thought owning a timeshare is a straight-forward process that involves paying fixed, predictable timeshare fees? Timeshare developers will want you to believe that you can save money over time, but in reality recurring and sometimes unforeseen fees may not be worth the price you pay for an annual week-long vacation.  

High Interest Rates
Hidden timeshare fees usually start from the time the resort’s sales executive makes a pitch. Seduced by freebies, you’re unlikely to realize that purchasing a timeshare is a lifelong commitment. So what if you can’t pay for the unit upfront? Most likely, the developer can offer you a loan. But mind you, the interest rates can be exorbitant, up to 14% a year for a 10 year mortgage term. The interest rate is actually an indirect fees you pay to the timeshare developer.

Annual Maintenance Fees
Timeshare fees also includes an annual maintenance fees, which most people think is fixed and can be budgeted for. The rude shock is that annual maintenance fees doesn’t stay constant. It escalates, with some estimates projecting an increase of 5% every year. Over time, the amount you spend on uncapped maintenance fees could be more than what your timeshare vacation is actually worth. And seeing the cost-effectiveness and convenience of modern, short-term resort rental solutions, why would you want to pay this fees?



Special Assessment Fees
There are dreaded special assessment fees as well that can land on your doorstep at any time. These fees typically include upgrade fees when the resort upgrades its services or amenities and expects timeshare owners to foot the bill. Another type is the natural disaster fees when a resort has been hit by a natural disaster and timeshare owners have to pay for damages. You could also end up being subject to a special assessment fee when fellow timeshare owners do not pay their dues.

Consult a Lawyer for Exit Solution
If unpleasant fees are taking the sweetness out of timeshare membership, consider timeshare exit options such as transferring your timeshare or canceling the contract. The timeshare developer is not going to make it easy for you, so reach out to a legal team with experience and expertise in dealing with timeshare developers. But don’t renegade on your commitments right away – pay the fees as and when required till final settlement is reached.

For more information on how you can free yourself from a timeshare contract, get in touch with an experienced law firm involved in protecting consumer rights!

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