Timeshares can seem like a dream come true, offering the promise of luxurious vacations in exotic locations.
However, for many owners, the reality of timeshare ownership often falls short of expectations.
High maintenance fees, limited availability, and inflexible scheduling can make timeshares more of a burden than a blessing.
Sample Letters to Cancel Timeshare
If you find yourself in this situation, you may be considering canceling your timeshare contract.
To help you navigate this complex process, we’ve compiled 15 sample letters that cover a range of scenarios, from rescission during the cooling-off period to termination due to financial hardship.
These templates will guide you through the process of crafting a clear, professional, and effective cancellation letter, increasing your chances of successfully terminating your timeshare agreement.
Letter 1: Rescission During Cooling-Off Period
Subject: Timeshare Contract Rescission – [Contract Number]
Dear [Timeshare Company],
I am writing to formally rescind my timeshare contract, [Contract Number], which I signed on [Date]. As per the [State] law, I am entitled to a cooling-off period of [Number of Days] days, during which I can cancel the contract without penalty.
Please consider this letter as my official notice of rescission. I expect a full refund of all monies paid, including the initial deposit and any subsequent payments, within [Number of Days] days, as required by law.
I kindly request that you acknowledge receipt of this letter and provide me with written confirmation of the contract’s cancellation. Please send this confirmation to my address: [Your Address].
Thank you for your prompt attention to this matter.
Sincerely,
[Your Name]
[Your Address]
[Your Phone Number]
[Your Email Address]
Letter 2: Cancellation Due to Misrepresentation
Subject: Timeshare Contract Cancellation – Misrepresentation
Dear [Timeshare Company],
I am writing to request the immediate cancellation of my timeshare contract, [Contract Number], due to misrepresentation during the sales process. The sales representative, [Representative’s Name], made several false claims and promises that were not included in the written contract, such as [False Claims or Promises].
These misrepresentations played a significant role in my decision to purchase the timeshare, and I believe that my contract should be rendered void due to these deceptive sales practices.
I demand a full refund of all monies paid, including the initial deposit and any subsequent payments, within [Number of Days] days. Additionally, please remove my name from any timeshare-related mailing lists and databases.
I kindly request that you acknowledge receipt of this letter and provide me with written confirmation of the contract’s cancellation. Please send this confirmation to my address: [Your Address].
Thank you for your prompt attention to this matter.
Sincerely,
[Your Name]
[Your Address]
[Your Phone Number]
[Your Email Address]
Letter 3: Cancellation Due to Failure to Provide Promised Services
Subject: Timeshare Contract Cancellation – Failure to Provide Services
Dear [Timeshare Company],
I am writing to request the cancellation of my timeshare contract, [Contract Number], due to your company’s failure to provide the services and amenities promised during the sales process and outlined in the contract.
Specifically, [Detail the Services or Amenities Not Provided]. These failures constitute a breach of contract and have significantly diminished the value of my timeshare ownership.
As a result, I am requesting a full refund of all monies paid, including the initial deposit and any subsequent payments, within [Number of Days] days. Additionally, please remove my name from all timeshare-related mailing lists and databases.
I kindly request that you acknowledge receipt of this letter and provide me with written confirmation of the contract’s cancellation. Please send this confirmation to my address: [Your Address].
Thank you for your prompt attention to this matter.
Sincerely,
[Your Name]
[Your Address]
[Your Phone Number]
[Your Email Address]
Letter 4: Cancellation Due to Financial Hardship
Subject: Timeshare Contract Cancellation – Financial Hardship
Dear [Timeshare Company],
I am writing to request the cancellation of my timeshare contract, [Contract Number], due to unforeseen financial hardship. [Briefly Explain the Nature of Your Financial Hardship, e.g., Job Loss, Medical Emergency, etc.].
As a result of these circumstances, I am no longer able to afford the maintenance fees and other costs associated with timeshare ownership. I have explored all available options, including selling or renting my timeshare, but have been unsuccessful.
I am requesting that you cancel my contract and release me from any further financial obligations related to this timeshare. I understand that I may not be entitled to a refund of past payments, but I kindly ask that you waive any cancellation fees or penalties, given my financial situation.
Please acknowledge receipt of this letter and provide me with written confirmation of the contract’s cancellation. Please send this confirmation to my address: [Your Address].
Thank you for your understanding and assistance in this matter.
Sincerely,
[Your Name]
[Your Address]
[Your Phone Number]
[Your Email Address]
Letter 5: Cancellation Due to Health Issues
Subject: Timeshare Contract Cancellation – Health Issues
Dear [Timeshare Company],
I am writing to request the cancellation of my timeshare contract, [Contract Number], due to severe health issues that prevent me from utilizing my timeshare. [Briefly Explain the Nature of Your Health Issues].
These health concerns have made it impossible for me to travel and enjoy the benefits of timeshare ownership. I have explored options such as selling or renting my timeshare, but have been unsuccessful.
I am requesting that you cancel my contract and release me from any further financial obligations related to this timeshare. I understand that I may not be entitled to a refund of past payments, but I kindly ask that you waive any cancellation fees or penalties, given my medical situation.
Please acknowledge receipt of this letter and provide me with written confirmation of the contract’s cancellation. Please send this confirmation to my address: [Your Address].
Thank you for your understanding and assistance in this matter.
Sincerely,
[Your Name]
[Your Address]
[Your Phone Number]
[Your Email Address]
Letter 6: Cancellation Due to Breach of Contract
Subject: Timeshare Contract Cancellation – Breach of Contract
Dear [Timeshare Company],
I am writing to request the immediate cancellation of my timeshare contract, [Contract Number], due to your company’s breach of the terms and conditions outlined in the agreement.
Specifically, [Detail the Specific Clauses or Terms Breached by the Timeshare Company]. These breaches have significantly impacted the value and enjoyment of my timeshare ownership.
As a result of these breaches, I am demanding a full refund of all monies paid, including the initial deposit and any subsequent payments, within [Number of Days] days. Additionally, please remove my name from any timeshare-related mailing lists and databases.
I kindly request that you acknowledge receipt of this letter and provide me with written confirmation of the contract’s cancellation. Please send this confirmation to my address: [Your Address].
Thank you for your prompt attention to this matter.
Sincerely,
[Your Name]
[Your Address]
[Your Phone Number]
[Your Email Address]
Letter 7: Cancellation Due to Inability to Book Desired Dates
Subject: Timeshare Contract Cancellation – Inability to Book Desired Dates
Dear [Timeshare Company],
I am writing to request the cancellation of my timeshare contract, [Contract Number], due to the consistent inability to book my desired travel dates. Despite repeated attempts to secure reservations well in advance, I have been unable to utilize my timeshare as promised during the sales process.
This ongoing issue has significantly diminished the value of my timeshare ownership and has prevented me from enjoying the benefits I was promised.
I am requesting a full refund of all monies paid, including the initial deposit and any subsequent payments, within [Number of Days] days. Additionally, please remove my name from any timeshare-related mailing lists and databases.
I kindly request that you acknowledge receipt of this letter and provide me with written confirmation of the contract’s cancellation. Please send this confirmation to my address: [Your Address].
Thank you for your prompt attention to this matter.
Sincerely,
[Your Name]
[Your Address]
[Your Phone Number]
[Your Email Address]
Letter 8: Cancellation Due to Unexpected Fees and Assessments
Subject: Timeshare Contract Cancellation – Unexpected Fees and Assessments
Dear [Timeshare Company],
I am writing to request the cancellation of my timeshare contract, [Contract Number], due to the imposition of unexpected fees and assessments that were not disclosed during the sales process or in the contract.
These additional costs, including [Detail the Unexpected Fees and Assessments], have placed a significant financial burden on me and have made it difficult to maintain my timeshare ownership.
As these fees were not properly disclosed, I am requesting a full refund of all monies paid, including the initial deposit and any subsequent payments, within [Number of Days] days. Additionally, please remove my name from any timeshare-related mailing lists and databases.
I kindly request that you acknowledge receipt of this letter and provide me with written confirmation of the contract’s cancellation. Please send this confirmation to my address: [Your Address].
Thank you for your prompt attention to this matter.
Sincerely,
[Your Name]
[Your Address]
[Your Phone Number]
[Your Email Address]
Letter 9: Cancellation Due to Change in Life Circumstances
Subject: Timeshare Contract Cancellation – Change in Life Circumstances
Dear [Timeshare Company],
I am writing to request the cancellation of my timeshare contract, [Contract Number], due to a significant change in my life circumstances. [Briefly Explain the Change in Life Circumstances, e.g., Divorce, Retirement, etc.].
These changes have made it difficult for me to utilize and afford my timeshare ownership. I have explored options such as selling or renting my timeshare, but have been unsuccessful.
I am requesting that you cancel my contract and release me from any further financial obligations related to this timeshare. I understand that I may not be entitled to a refund of past payments, but I kindly ask that you waive any cancellation fees or penalties, given my current situation.
Please acknowledge receipt of this letter and provide me with written confirmation of the contract’s cancellation. Please send this confirmation to my address: [Your Address].
Thank you for your understanding and assistance in this matter.
Sincerely,
[Your Name]
[Your Address]
[Your Phone Number]
[Your Email Address]
Letter 10: Cancellation Due to Lack of Proper Disclosure
Subject: Timeshare Contract Cancellation – Lack of Proper Disclosure
Dear [Timeshare Company],
I am writing to request the immediate cancellation of my timeshare contract, [Contract Number], due to the lack of proper disclosure during the sales process. The sales representative failed to provide essential information about the terms, conditions, and financial obligations associated with timeshare ownership, as required by law.
This lack of proper disclosure has led me to make a decision based on incomplete and misleading information, which I believe renders the contract void.
I am demanding a full refund of all monies paid, including the initial deposit and any subsequent payments, within [Number of Days] days. Additionally, please remove my name from all timeshare-related mailing lists and databases.
I kindly request that you acknowledge receipt of this letter and provide me with written confirmation of the contract’s cancellation. Please send this confirmation to my address: [Your Address].
Thank you for your prompt attention to this matter.
Sincerely,
[Your Name]
[Your Address]
[Your Phone Number]
[Your Email Address]
Letter 11: Cancellation Due to Maintenance Fee Increases
Subject: Timeshare Contract Cancellation – Maintenance Fee Increases
Dear [Timeshare Company],
I am writing to request the cancellation of my timeshare contract, [Contract Number], due to the excessive and unsustainable increases in maintenance fees over the years. These increases have made it difficult for me to afford my timeshare ownership and were not adequately disclosed during the sales process.
The current maintenance fees are significantly higher than what was initially represented, placing an undue financial burden on me.
I am requesting that you cancel my contract and release me from any further financial obligations related to this timeshare. I understand that I may not be entitled to a refund of past payments, but I kindly ask that you waive any cancellation fees or penalties, given the circumstances.
Please acknowledge receipt of this letter and provide me with written confirmation of the contract’s cancellation. Please send this confirmation to my address: [Your Address].
Thank you for your understanding and assistance in this matter.
Sincerely,
[Your Name]
[Your Address]
[Your Phone Number]
[Your Email Address]
Letter 12: Cancellation Due to Inability to Resell
Subject: Timeshare Contract Cancellation – Inability to Resell
Dear [Timeshare Company],
I am writing to request the cancellation of my timeshare contract, [Contract Number], due to the inability to resell my timeshare ownership. Despite repeated attempts to sell my timeshare through various channels, including [List the Methods Used to Attempt Resale], I have been unsuccessful.
The lack of a viable resale market has made it impossible for me to recoup my investment or alleviate the financial burden of ongoing maintenance fees.
I am requesting that you cancel my contract and release me from any further financial obligations related to this timeshare. I understand that I may not be entitled to a refund of past payments, but I kindly ask that you waive any cancellation fees or penalties, given the circumstances.
Please acknowledge receipt of this letter and provide me with written confirmation of the contract’s cancellation. Please send this confirmation to my address: [Your Address].
Thank you for your understanding and assistance in this matter.
Sincerely,
[Your Name]
[Your Address]
[Your Phone Number]
[Your Email Address]
Letter 13: Cancellation Due to Failure to Honor Reservation
Subject: Timeshare Contract Cancellation – Failure to Honor Reservation
Dear [Timeshare Company],
I am writing to request the cancellation of my timeshare contract, [Contract Number], due to your company’s failure to honor my confirmed reservation. On [Date], I made a reservation for [Dates of Reservation] at [Resort Name], which was confirmed by your reservation system.
However, upon arrival at the resort, I was informed that no reservation was found under my name, and no alternative accommodations were provided. This failure to honor my reservation has caused significant inconvenience and has undermined my confidence in your company’s ability to fulfill its obligations.
I am requesting a full refund of all monies paid, including the initial deposit and any subsequent payments, within [Number of Days] days. Additionally, please remove my name from any timeshare-related mailing lists and databases.
I kindly request that you acknowledge receipt of this letter and provide me with written confirmation of the contract’s cancellation. Please send this confirmation to my address: [Your Address].
Thank you for your prompt attention to this matter.
Sincerely,
[Your Name]
[Your Address]
[Your Phone Number]
[Your Email Address]
Letter 14: Cancellation Due to High-Pressure Sales Tactics
Subject: Timeshare Contract Cancellation – High-Pressure Sales Tactics
Dear [Timeshare Company],
I am writing to request the immediate cancellation of my timeshare contract, [Contract Number], due to the use of high-pressure sales tactics during the sales presentation. The sales representative employed aggressive and coercive methods, such as [Describe the High-Pressure Tactics Used], which made me feel pressured to decide on the spot.
I believe that these tactics are unethical and have resulted in me entering into a contract that I would not have otherwise signed.
I am demanding a full refund of all monies paid, including the initial deposit and any subsequent payments, within [Number of Days] days. Additionally, please remove my name from all timeshare-related mailing lists and databases.
I kindly request that you acknowledge receipt of this letter and provide me with written confirmation of the contract’s cancellation. Please send this confirmation to my address: [Your Address].
Thank you for your prompt attention to this matter.
Sincerely,
[Your Name]
[Your Address]
[Your Phone Number]
[Your Email Address]
Letter 15: Cancellation Due to Failure to Provide Promised Incentives
Subject: Timeshare Contract Cancellation – Failure to Provide Promised Incentives
Dear [Timeshare Company],
I am writing to request the immediate cancellation of my timeshare contract, [Contract Number], due to your company’s failure to provide the incentives promised during the sales presentation. The sales representative offered [List the Promised Incentives, e.g., Free Flights, Vouchers, etc.] as an inducement to sign the contract.
However, after completing the purchase, I have not received any of the promised incentives, despite multiple attempts to contact your company and resolve the issue.
As these incentives were a significant factor in my decision to purchase the timeshare, I believe that your company’s failure to deliver them constitutes a breach of contract and misrepresentation.
I am demanding a full refund of all monies paid, including the initial deposit and any subsequent payments, within [Number of Days] days. Additionally, please remove my name from all timeshare-related mailing lists and databases.
I kindly request that you acknowledge receipt of this letter and provide me with written confirmation of the contract’s cancellation. Please send this confirmation to my address: [Your Address].
Thank you for your prompt attention to this matter.
Sincerely,
[Your Name]
[Your Address]
[Your Phone Number]
[Your Email Address]
Conclusion
Canceling a timeshare contract can be a challenging and often frustrating process. However, by understanding your rights and utilizing the appropriate strategies, you can successfully terminate your timeshare agreement and free yourself from the financial burden it imposes.
When drafting your cancellation letter, be sure to clearly state your reasons for canceling, provide any relevant documentation to support your claims, and firmly assert your rights as a consumer.
By using these sample letters as a guide and adapting them to your specific situation, you can effectively communicate your intention to cancel and increase your chances of a successful resolution.
Remember to send your letter via certified mail with the return receipt requested to establish a paper trail, and keep copies of all correspondence for your records.
If you encounter resistance from the timeshare company, do not hesitate to seek the assistance of a legal professional specializing in timeshare cancellation.