Here are some of the many reasons consumers seek timeshare cancellation:
- Buyer’s remorse – it’s legal to cancel a timeshare due to buyer’s remorse since state laws mandate that your resort should have a 10-day cancellation provision. It only becomes complicated if regret sinks in after this period.
- Fraud or deception – if you think that you’ve been misled by a timeshare representative or you ended up paying more than what was promised, it’s time to drop the timeshare completely as soon as possible.
- Can’t afford yearly maintenance fees – if it’s become difficult for you to pay your yearly maintenance fees, it’s wise to cancel the timeshare before it pushes you deep into debt.
- Rising management fees – if the rate hike is unreasonable, exiting is the wise move. Seeking legal help gives you a better chance of success.
- Major life changes – a life event, like a medical emergency, home purchase, or marriage, are common reasons people unload a timeshare.
- The timeshare is unwanted – resorts and developers anticipate the possibility of owners unloading their timeshare if they don’t want it anymore. It’s a vacation property, so it’s likely for people to trade it for another destination or hotel.
Schedule your free, no obligation consultation with Attorney Budowski today to resolve your timeshare matter.