What You Need to Know about Cancelling Your Timeshare Contract.
Timeshare is when you purchase a portion or part of a resort to enjoy a vacation for a limited time each year. Timeshare has different products, for instance, it could be point-based, week-based, or even a combination that allows flexibility. For individuals who like to go on vacation each year, timeshares are often a good investment.
Timeshare contracts are, however, legally binding. Some people have, however, mistakenly believed that these contracts are non-cancellable. Also, most timeshare companies often maintain their timeshare contracts are non-cancellable. But under the law, it is possible to cancel a contract because of certain reasons that may include mistakes or frauds. In timeshare contracts, buyers can also provide timeshare cancellation letters when they feel they don’t need the timeshare anymore.
Why cancel a timeshare.
Sometimes, timeshare buyers realize that the contract is not what they thought …