Your Complete Guide to Timeshare Rescission!

Did you just purchased a timeshare and signed on the dotted line of a contract that has you on the hook for tens of thousands of dollars? If you did that recently, you may have an easy way out. It's called your right to cancel or timeshare right of rescission. Laws in different states and countries provide a cooling off period which grants you a short period of time to cancel your timeshare purchase. In this video I provide you with some information and tips on how to take advantage of your right of rescission on that timeshare purchase.

0:00 Intro
0:27 Disclaimer
1:31 Finding the Timeshare Purchase Contract
4:11 How Long is Your Rescission Period?
4:44 Where to Send the Recission Letter
5:04 READ THE CONTRACT!
6:19 What to Put in the Letter
7:26 Sending the Letter
10:58 Rescinding an International Timeshare Purchase
13:09 What Happens Next?
14:14 What About the Free Stuff They Gave You?
16:06 Dos and Don'ts of Timeshare Recission

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[TravelingWithEmMe]

You are the man! Most knowledgable person I know when it comes to Timeshares! This video will definitely help people!

[mrcordova]

Thank you 🙏 so much!
You save my life, I couldn’t even enjoy my vacation in Las Vegas after singing a Time share contract while I was staying in the Venetian hotel.
Luckily I was in the last day of the rescission period.
I did what you explain in the video and everything work out smoothly, I just received and e-mail that they cancel my time share contract. Thanks again …

[alchemicphantom]

I’m glad I found your video and the document in the contract! Just in time ! Thanks for the tips

[KutBlade]

Thanks for the information you saved us $22, 000 and probably more.

[benjaminperoumalradja]

very good advice. Last week I got contract with marriot andaluza spain. contract says 14 days withdraw periods.

[nataliamarchan]

Thank you for your video. I just purchased from westgate but needing to cancel. I will send the letter asap.

[HotShotall]

Thank you for your details and informative instructions. We just signed their contract to "upgrade" to HGV Max. They offered to transfer our exisiting equity from HGVC to HGV Max for $15, 000 and new points. We were told the new MAX membership will let us be eligible to book our stays in new and more club properties in the expanded Max network. It was in Florida and contract stated 10 calendar days after signing the contract (6/23). We will send in the cancellation letter asap hope to cancel the the new upgrade.

[flaviogomesusasf]

And I bought it in Las Vegas and I live in California in San Francisco, and I bought it from the company Bluegreen

[jasongarcia]

Jeremy, awesome video. I just left the Grand Bliss via exchange in Playa Del Carmen because of your wonderful youtube channel. Thank you. What is your intake on Vidanta, and is there any way I can come back every year to a Vidanta resort as opposed to every 3 years?

I was just wondering what youtube editor you use? Great format.

Thanks!

[Dillstaaa]

I have had hgv for a few years now and realizing its not worth what i paid. Obviously past recission window.

My question is could i upgrade to a larger package, then wait a week or so and just rescind that contract to get out?

[Shazzam]

Can I cancel my MVC ownership and if so how much will it cost me?

[markl]

How do i get outvof the contract thats a few years old?

[crystallionaire]

Im sending my rescission letters to mexico today. Ill be watching this video everyday until i get my refund. Im terrified

[tanman]

Thanks for the videos. I attended an HGVC presentation this weekend and sent the cancellation mail via certified mail. Im thinking that a flexible timeshare may not be the worst option based on how often we travel, but I learned that I could get one for much cheaper and need to learn about the other brands first (Marriott, Hyatt, etc)

I paid approximately $13000 including closing costs for 2750 points every other year. The RCI and "cash option" programs seemed to be where I was going to make this investment valuable by using that multiple times per year. Is that something included in the resale market?

[commonsense]

Hello, thank you for your video. We got ourselves into believing it was a good idea to buy a timeshare on our trip fo Las Vegas. It was we signed the paperwork around 5 or 5:30pm on May 2. When we got home we sent a cancelation letter via certified mail on the 8th but the letter was dated on the 7th. Think we still have a chance to cancel? It was with Worldmark by Wyndham and it said we had 5 callender days to cancel. Which they didn't tell us. We found it on the paperwork when we got home.

[papajohntnt-bovm]

I mailed three letters of rescission 2 of which certified on 6th day of the 10 day period. The question I have is when signing the letter should the middle initial be included when signing the letter?

[manuelm]

Hi Jeremy, question. We went through the HGV Max presentation and was dumb enough to buy the TS. We believed all of what the sales people said and ended up finding out that it was all just talk & un-promised trips. We barely got the TS in 1/20/24 I sent in our rescission letters. I also, did called our CC company and file a dispute on the down payment over $2.2K. Do you think from your experience we will need a lawyer to get out?

Thanks for you time! :)

[fariasyanez]

What does the 3 year dead line mean for rescission hope I said it right

[flaviogomesusasf]

Hi, thank you for your video, I bought this over a year ago, I'm paying for it, I've never used it and I don't see a way to cancel my contract, I don't even want to receive the money I've already spent on it, I just want to leave and stop spending more, do you have anything? suggestion?

[longlivekingcharles]

What if you are past the rescission time period, can you still do it?