Learn How to Cancel a Timeshare Contract

If you recently purchased a timeshare, you may still have the ability to cancel the agreement. However, in most cases, you must act quickly.

How to Cancel a Timeshare Contract depends largely on timing. If you act within the legally defined rescission period, cancellation is usually straightforward. Because this window is short, understanding your rights immediately after purchase is critical.

State Laws Define How Long You Have to Cancel a Timeshare Contract

In most states and some international jurisdictions, consumer protection laws grant timeshare buyers a limited period to cancel their contract. Typically, this rescission period lasts between 3 and 15 days, depending on the state.

Because statutes can change, you should always confirm the

current timeshare cancellation laws

that apply to your purchase.

• Timeshare Cancellation in California
• Timeshare Cancellation in Florida
• Timeshare Cancellation in Texas
• Timeshare Cancellation in South Carolina
• Timeshare Cancellation in New York
• Timeshare Cancellation in Hawaii

Additionally, state laws usually require sellers to disclose the right to cancel directly in the contract. Importantly, this right cannot be waived, even if a salesperson suggests otherwise.

Canceling Your Timeshare Within the Rescission Period

To cancel a timeshare contract, buyers typically submit written notice to the developer. Even when oral cancellation is technically allowed, written notice provides clearer documentation.

A properly prepared cancellation letter usually includes:

• The current date
• The purchaser’s full name as listed in the contract
• Contact information (address, phone number, email)
• The name of the timeshare company
• A description of the timeshare as shown in the paperwork
• The date of purchase
• A clear statement of intent to cancel

While you generally do not need to provide a reason, you should clearly state that you are exercising your right to rescind. For example: “I am notifying you within the rescission period to cancel this timeshare contract.”

How to Cancel a Timeshare Contract After the Rescission Period

Once the rescission period expires, canceling a timeshare becomes more complicated. At that point, refunds are unlikely, and owners must explore alternative options.

In some situations, state law exceptions may apply. However, more commonly, owners consider resale, legal assistance, or working with a professional timeshare exit company. Because resale scams are common, careful research is essential.

How Can I Get Out of a Timeshare Contract?

Contact the Developer Directly

Some developers offer internal exit or surrender programs. In certain cases, owners who present documentation of misrepresentation or contract issues may qualify. Persistence and patience are often required.

List the Timeshare for Sale

Another option involves listing the timeshare for sale on resale platforms. However, the resale market is heavily saturated, and many listings sell for a fraction of the original purchase price.

Attorney or Timeshare Exit Company

Legal assistance may help in some circumstances, but outcomes vary and costs can be significant. Alternatively, some owners choose to work with a timeshare exit company to better understand contract obligations and available paths forward.