Trying to get out of a timeshare

Trying to get out of a timeshare may seem like it is fraught with great danger and disaster. However, there are ways that you can successfully do it in a relatively painless manner. Here are some of the top ways that experts recommend getting out of a timeshare.

1. The first thing that should be done is to review the contract to see exactly what the terms are that were agreed to. Unfortunately, many times people sign things without truly giving them a good reading. With timeshare contracts, there are usually very short windows of time after the purchase is made to cancel the contract.

2. Even when the timeshare does not specifically state anything regarding cancellation terms, there may be state laws which govern such a thing. Read up on them on any number of consumer protection sites to see what actions of recourse you may have.

3. Read the contract carefully for any language that states something along the lines of the buyer having personal liability. If this sort of language is not present, then the purchaser may be free and clear to walk away from the contract with no recourse from the timeshare company.

4. If all else fails, the purchaser can consult with an experienced contract attorney. This will give the buyer at least a legal edge over what they had before. Many timeshare companies often write their contracts to be misleading on purpose in the hopes that the contract signer simply gives up and continues to pay on the timeshare property, even if they never actually use it.

As you can see here, there are still some fairly easy ways to get out of a timeshare contract which may have been signed in a spur of the moment with little to no thought given … Read More

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