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Getting Out of a Timeshare: What You Should Know



Finding yourself the new owner of a timeshare can be exciting. Having a vacation property at your disposal can be exhilarating to know that you and your family can get away whenever you choose to go. However, once reality sets in and you realize that keeping it takes time, patience, and money, you might find yourself wanting to get out of it. When getting out of a timeshare, there are certain things you need to keep in mind to protect yourself financially and legally. Here is what you need to know when trying to get out of your timeshare contract.

Review what you purchased – Getting out of a timeshare can be difficult, but it becomes especially challenging when you are unsure of what kind of timeshare you bought. Reviewing your timeshare contract before starting the process of termination is essential because if you do not know what you have purchased, it gives you the details surrounding it. There are a variety of different timeshares out there with many different stipulations built into your contract, so it is essential to know what you have before ending it.

Understand the recession period – One of the most common misconceptions about getting out of a timeshare is that once you have purchased it, it is yours forever. However, most states have what is called a “recession period,” which is a time allotment after buying a timeshare in which you can cancel legally. The recession period for each state differs and can fall anywhere in the three to 15-day range. Knowing the recession period of the state you purchased the timeshare in is crucial, especially if it is shortly after you have signed the papers.

Talk to the experts – Even if you have done everything you can do in getting out of a timeshare, sometimes you still may need professional help. Talking to our team of experts at Go Away Timeshare is an excellent choice, regardless of where you are in the process of canceling your timeshare. It does not matter whether you are just curious of how you would go about getting rid of your timeshare, or are in a battle with the company to free you of your contract, we are here to help you get out of it legally at Go Away Timeshare.

Through integrity, respect, and diligence, our professionals at Go Away Timeshare will help to win your trust and get you out of your unwanted timeshare contract. If you have questions about getting out of a timeshare or are looking to finally free yourself from your timeshare for good, give us a call today at (877) 414-4098.