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DO YOU HAVE A QUESTION ABOUT YOUR TIMESHARE OWNERSHIP?
DO YOU HAVE A QUESTION ABOUT YOUR TIMESHARE OWNERSHIP?
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Cooling Off Period
Dear Nicola, If you bought a timeshare and are now regretfull, we can show you the different options to make amends. The time you have to cancel the purchase (called the rescission period) depends on state law, although it is usually only a few days (3-15). Read your contract carefully and check ifRead more
Dear Nicola,
If you bought a timeshare and are now regretfull, we can show you the different options to make amends.
The time you have to cancel the purchase (called the rescission period) depends on state law, although it is usually only a few days (3-15).
Read your contract carefully and check if there is a clause on the termination period. The timeshare salesperson won’t tell you about this clause, but probably all you need to know is in your timeshare contract.
Once you read your contract within its termination period, the first thing you have to do is write a letter requesting the cancellation of your timeshare contract, in this case, there are resorts that give you the form to cancel within the rescission period. The cancellation letter or form must include certain information, such as the date of purchase, contract number and description, and buyer data. It is very important that you keep a copy of the letter as proof that you canceled on time.
Most timeshare resorts work with timeshare resale companies, and they will tell you that they can sell your timeshare by making unrealistic expectations.
Sometimes timeshare companies agree to cancel your timeshare contract only if you pay a penalty.
If the buyer properly cancels the contract within the allotted time period, all funds paid must be returned to the buyer.
After the termination period has passed, it becomes more difficult to cancel your timeshare contract, but not impossible.
If the company refuses to accept your cancellation request, it is time to seek professional help. A timeshare lawyer can help you free yourself from the contract.
See lessfixed and floating weeks
Dear John04, The difference between a floating week and a fixed week is the number of the week, the apartment and the availability. - Floating Week: The user has neither a week nor an assigned apartment, although he does have a specific period of the year. Likewise, the user has to contact the complRead more
Dear John04,
The difference between a floating week and a fixed week is the number of the week, the apartment and the availability.
– Floating Week: The user has neither a week nor an assigned apartment, although he does have a specific period of the year. Likewise, the user has to contact the complex to book the week he wants during the float period, and most of the times the rooms are generally reserved for those who arrive first, so it is very common not to be able to reserve. Legally, these contracts are void.
– Fixed Week: This type of week does have an apartment assignment and a fixed annual week, but in case that is in perpetuity, we also speak of a null contract. The most common type is this one, in which the user has the right to use his timeshare unit during a specific week of the year, which will be the same week in the same unit every year. Supposedly, the advantage is that you know exactly when you go each year, but the reality is that this is at the discretion of the Resort, so if there is no availability and you are not able to go during that week, you will lose it without compensation.
If you need help to know what type of week you have purchased or if you want to cancel your timeshare contract, do not hesitate to contact us. Please do so by completing the contact form in this website and we will respond once we have reviewed your question.
See lessWhy can’t I sell my timeshare?
Dear Sarah, Getting a timeshare can be very easy, getting rid of it not so much. Many tourists buy a timeshare with the intention of traveling around the world, others intend to buy the property as a financial investment, which is actually a very bad move, since you are not actually buying a propertRead more
Dear Sarah,
Getting a timeshare can be very easy, getting rid of it not so much. Many tourists buy a timeshare with the intention of traveling around the world, others intend to buy the property as a financial investment, which is actually a very bad move, since you are not actually buying a property, but you are only paying by fractional right or points of use a property, while some were practically forced to buy. Regardless of the reason, the truth is that many timeshare owners regret their purchase.
Unfortunately, this process can be very frustrating, to the point where many people are willing to sell their timeshare for just a few pounds, or even give it away.
Actually, one of the biggest complaints about timeshare is that the units are very difficult to sell, if not nearly impossible, regardless of what some people may say or have you believe. The main reason is because the supply far exceeds the demand. Statistically speaking, there are close to 500 timeshare owners who want to sell their properties for every prospective buyer.
Also, you should not have high expectations regarding expected earnings. A timeshare loses more than 50% of its original purchase price at the time the timeshare contract is signed.
So if you are one of those unfortunate people wondering, how can I sell my timeshare? We want to convey that the most effective way to get rid of your timeshare is by canceling the contract. Canceling a timeshare has many advantages, but the best thing is that once you cancel your contract, you will have no more financial responsibilities associated with the resort.
At Timeshare.lawyer we have the necessary and legal knowledge to cancel a timeshare contract, so if you want more information, do not hesitate to contact us.
See lessWhat if I lose my job & unable to keep up with the maintenance fees?
Dear Peter1 Our advice regarding the payment of maintenance fees is that the consumer pays them because as long as the contract nullity is not declared, the said contract is valid and the buyers are responsible of their payment, which is used by the resort at their convenience. If you have filed a lRead more
Dear Peter1
Our advice regarding the payment of maintenance fees is that the consumer pays them because as long as the contract nullity is not declared, the said contract is valid and the buyers are responsible of their payment, which is used by the resort at their convenience.
If you have filed a lawsuit against the resort, ask your lawyers about it, in case they can get an agreement with the resort. If you have not submitted a claim, you could contact us privately, please do so by completing the contact form in this website and we will respond once we have reviewed your question.
See lessPoints
Dear Peter1 The Point is the "currency" in which the value and price of the vacations at the point system resorts are established. Within the Club, each complex, each accommodation unit and each season have a value in Points. So, you do not pay for your vacation with money but with the Points you haRead more
Dear Peter1
The Point is the “currency” in which the value and price of the vacations at the point system resorts are established. Within the Club, each complex, each accommodation unit and each season have a value in Points. So, you do not pay for your vacation with money but with the Points you have.
Instead of having a weekly participation in a specific Resort and season, Resort members will have points to reserve nights in the Resorts of the contracted Club, many of them supposedly spread around the world and with various travel and stay options.
The problem is that all this is always subject to availability at the Resort’s discretion, therefore, when you try to book a desired vacation, the resort usually responds that everything is busy on those dates or that you do not have enough points to enjoy the chosen destination.
Any timeshare still has availability restrictions and limitations, so you do not have complete freedom to plan your vacation.
If this is your case, do not hesitate to ask us about the possibilities that exist to cancel the contract and with it the continuous refusals to enjoy your dream vacation.
See lessExchange
Dear Peter1, There are several timeshare exchange companies around the World. They are the only ones that usually offer flexibility to the members of one of them when planning their vacations. Supposedly you can go on vacation at any time of the year, to a different resort whenever you want, in thouRead more
Dear Peter1,
There are several timeshare exchange companies around the World. They are the only ones that usually offer flexibility to the members of one of them when planning their vacations.
Supposedly you can go on vacation at any time of the year, to a different resort whenever you want, in thousands of vacation destinations around the world. However, sometimes the availability of destinations and resorts is limited because it is usually something that is left to the decision of each resort.
That is, as an owner of timesharing and member of one of the timeshare exchange companies, you can choose if you want to return to your home resort year after year, if you want to swap your week for any of the thousands of affiliated resorts around the world, or if you want even alternate between the two. However, as I said before, all of this is at the discretion of each resort.
If you have any doubts, you could contact us privately, please do so by completing the contact form in this website and we will respond once we have reviewed your question.
See lessPaying Maintenance Fees
Dear Nicola Our advice regarding the payment of maintenance fees is that the consumer pays them because as long as the contract nullity is not declared, the said contract is valid and the buyers are responsible of their payment, which is used by the resort at their convenience. If you have filed a lRead more
Dear Nicola
Our advice regarding the payment of maintenance fees is that the consumer pays them because as long as the contract nullity is not declared, the said contract is valid and the buyers are responsible of their payment, which is used by the resort at their convenience.
If you have filed a lawsuit against the resort, ask your lawyers about it, in case they can get an agreement with the resort. If you have not submitted a claim, you could contact us privately, please do so by completing the contact form in this website and we will respond once we have reviewed your question.
See lessMaintenance fees
Dear Sarah, Timeshare maintenance are anual payments that are established and collected by the resort to keep the unit in top condition. The maintenance covers: Utilities, Site Management, Cleaning Services, Remodeling, Insurance, Taxes... Maintenance fees are generally assessed by the number of uniRead more
Dear Sarah,
Timeshare maintenance are anual payments that are established and collected by the resort to keep the unit in top condition. The maintenance covers: Utilities, Site Management, Cleaning Services, Remodeling, Insurance, Taxes…
Maintenance fees are generally assessed by the number of units and weeks in a given resort, along with common areas, facilities, and operating costs.
It is also important to specify that these fees do not remain fixed. Due to changes in the economy, the maintenance of a timeshare changes every year. In some cases, a special charge is added to cover unpredictable operating expenses.
When maintenance goes up to the point that you can’t pay for it anymore, it’s best to nip the problem at the root, and the best way to do that is by canceling your timeshare contract. If you are not happy with your timeshare and you are struggling to pay for maintenance, contact us and get a consultation to discus your situation and free yourself from such costly maintenance.
See less