What Are Standard Timeshare Cancellation Options?

Timeshare owners who wish to end their legally binding contract with a resort development or vacation membership company, require expert advice and administrative assistance, to optimize results.  Talk to any timeshare owner who entered a one-on-one battle with their timeshare, only to find out that the legal fight can last for years, while late payments and penalty charges continue to climb.  In fact, consumers that unsuccessfully fight their timeshare management company, can also do significant damage to personal credit in the process.

Timeshare companies would like people to believe that consumers who consider cancellation options, are dishonest, or wrong.  After all, the terms of the contract clearly state what a timeshare buyer can expect; a long-term lease with virtually no-options, which can increase in cost at any time.  Most timeshare contracts are predatory in nature, trapping consumers in a non-beneficial financial obligation, what increases in expense, the longer the consumer has the property.

Timeshare contracts are legally binding, and they hold up just the same way that a residential home mortgage contract would, in a court of law.  Like a mortgage, you cannot simply “wipe out” the endorsed contract, simply because your personal or financial needs have changed.  Consumers can however, with counseling from timeshare experts like American Consumer Credit, LLC., qualify for termination of the contract under a variety of circumstances.

If you have wanted to know the basics conditions where a timeshare may be successfully terminated, we’ll explain how it works.

1. Cancellation Due to Legal Infraction(s)

Timeshares that sell to American citizens within the United States, are bound by business laws that prohibit fraudulent misrepresentation.   What that means is that there are restrictions to how a business can propose the terms of a financial contract, like a long or short-term timeshare lease.

Material misrepresentation happens when a timeshare sales person (or team) deliberately makes promises about the terms of the contract, the costs associated with the timeshare, and other liabilities that the buyer will incur.  Fraudulent timeshare sales ‘professionals’ will either leave information out deliberately (to make the contract seem less daunting to the prospect), or they will deliberately redirect questions to avoid answering.   Americans have the legal right to fully understand every aspect of any contract they sign, which will be legally binding.

Fraudulent sales include material misrepresentation of facts, that placed the buyer at a disadvantage, where the buyer was unable to fully grasp all terms of the contract.  For a charge of fraud, the consumer must have evidence of a lie or a failure to state the facts of the contract, including legal obligations, cancellation requirements, financial penalties and other information.   A successful charge and evidence of fraud, invalidates any contract that has been signed.

2. Resale (Service Not Offered by American Consumer Credit)

American Consumer Credit LLC., does not rent, buy or resell timeshares on behalf of resorts or for consumers and clients that we represent.  We view that to be a conflict, as we position our services as an advocacy for consumers who need assistance resolving their timeshare dispute. Our team has one job; to evaluate your case as a timeshare owner, and determine if there have been any misrepresentations that may provide an opportunity to invalidate the contract.

However, many consumers first try to sell their timeshare, as a quick way to end their financial obligation, by successfully finding a new owner for the timeshare.   Finding a new buyer for your timeshare can be exceedingly difficult, as resale timeshares can be found starting at $1 online, on websites like EBay and Craigslist.  And remember, if you are trying to “get rid” of your timeshare because of rapidly escalating membership or maintenance fees, the timeshare will be a hard sell to a new buyer, who will be able to review owner complaints online, and quickly determine the problem.

Depending on the demand for your resort, you may be able to sell your timeshare and end your contract, however statistically, fewer than 2% of timeshares are sold at a value that even partially recoups the owner’s investment.  Many owners who do find a buyer, also experience increased fees for contracting and transfer through the timeshare company.

3. Timeshare Transfers

Depending on the nature of your timeshare agreement, and the length of time that you have been making payments, a consumer may have completely paid their financial obligation to the timeshare resort.  When consumers have “paid off” their contractual obligation, does that mean that the timeshare will make it easy to end the contract?  Not quite.  The help of an experienced timeshare cancellation team is required to make the transition as smooth as possible, while ensuring that the terms of the contract are honored by the resort.


By the time we speak to many of our clients, they have already been engaged with their resort or vacation membership in a negative way, for at least a year, without success.  Each case and consumer situation is different, but with America Consumer Credit, LLC., our team has helped residents of the United States dispute and resolve their timeshare cancellation, in less than twelve months in most circumstances.

If you are ready to do something positive regarding your timeshare obligation, and restore balance to your personal finances by acting against your timeshare, talk to one of our counselors.  We offer a free, no-obligation intake consultation to inform you of some of your options to cancel your timeshare for good.