How to Write an Effective Timeshare Cancellation Letter

vIf you are feeling trapped in a timeshare contract and overwhelmed, please do not worry. You are not alone; many timeshare owners wish to escape the situation they are in. One of the greatest tools you can use is sending a well-written timeshare cancellation letter. In this post, we take you through the steps for mailing in a letter that will help you cancel your timeshare agreement.

Understanding the Importance of a Timeshare Cancellation Letter

A timeshare cancellation letter refers to an official request that an individual wants to make in order to terminate their timeshare. It is official proof of the intention to cancel, and the pertinent documentation is able to support your case. This is why it is so important to write a clear, concise letter of cancellation of the timeshare; it’s going to set the tone for all your future communications with the timeshare company.

Key Elements of a Timeshare Cancellation Letter

When you are crafting your letter of cancellation in rescinding a timeshare, these factors must always be present to be effective:

1. Your Contact Information: You are to give your full name, address, phone contact, and email address so that the timeshare company can identify you and your contract.
2. Timeshare Company Information: The document should be addressed to the correct department of the timeshare company. Include the name, title, phone number, and email address of the person in that department.
3. Contract Details: Mention your contract number, date of acquisition, and the name of the resort. This will allow the company to easily trace your contract.
4. Clear Intent to Cancel: Be very clear to leave no space whatsoever for speculation that you are wanting to cancel your timeshare agreement.
5. Reason for Cancellation: You are not obligated to specify reasons, but one could make your claim more convincing. Common reasons include financial hardship, dissatisfaction with the property, and misrepresentation by the sales staff.
6. Request for Confirmation: Ask the business to confirm your request to cancel in writing. This will give you a record of the business response.
7. Signature and Date: This part is the one that your letter gives prominence to authenticity. The original, handwritten signature of the sender provides a letter with an authentic, personal touch.

Tips for Sending Your Cancellation Letter

• Send by Certified Mail: Send by Certified Mail to ensure you have proof that your letter was received, and the proof of delivery in case you need it at a later time.
• Keep Copies: Maintain copies of your letter and of all responses/communication.
• Follow Up: If within a reasonable period you do not receive any reply, follow up either by telephone or by another letter.

Writing a timeshare cancellation letter is probably one of the most intimidating things to do, but with the right approach, you will have the upper hand over the situation. Give all the vital details and keep up your follow-up to raise the chances of going through with it.