How to Legally Get Out of Timeshare Contract: Get All the Guidance That You Needby Advocate Financial Services Timeshare Cancellation
A salesperson might make you believe that the timeshare contract is a legally binding contract that cannot be canceled. However, that is not entirely true. As long as you act quickly and find out how to legally get out of timeshare contract, you can free yourself from the responsibility of maintaining and paying for a property that you no longer care about. One of the first things you should know about getting out of a timeshare contract is that it can be legally done within the cancellation period.
Also known as the rescission period or the cooling-off period, the time frame for cancellation will vary from one state to another. In Florida, cancellation is allowed only within 10 days from the date that you have finalized the sale. So, if you have recently purchased a timeshare and you changed your mind, act fast and start determining how to get out of a timeshare legally. Usually, it will require you to write a letter of cancellation, which will serve as your written notice.
The contract should provide all the details you need to know on how to legally get out of a timeshare contract, including the instructions you must follow when writing your cancellation notice and how the letter should be delivered to the timeshare company. Usually, you will need to have it sent by official mail, but some companies will want you to deliver it to them personally. In any case, make sure that it will get to them on time, preferably before the cancellation period expires.
In case the cooling off period is over and you changed your mind months or years after getting the timeshare, there is still hope. However, you may need to get help from an experienced timeshare lawyer to find out how to legally get out of timeshare contract, especially if it is deemed illegal. Some timeshare companies may have clauses on their contracts that may be against the law, such as perpetuity, in which the contract has not specified end date or lasting more than 50 years. Consider looking into educational platforms for advice on finding qualified legal assistance in your area.
About the Author:
Advocate Financial Services is a Licensed Bonded Financial Educational Platform that employs to assist their customers in managing their debts. They have an experience of over 25 years in serving their customers concerned with financial and debt related matters such Consumer Debt settlements, Transfer of ownership and Timeshare Contract Cancellation. They are adept in providing strategic advice and cater trusted consultant to customers to them succeed in meeting their goals.
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Created on Dec 16th 2019 01:17. Viewed 349 times.
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