What You Need To Do When Getting Out Of A Timeshare Contract

By Anthony Butler


Many times people sign agreements before understanding everything to do with the deal. When people hire a Timeshare agreement most of them sign their deals when they are not sure of what they are getting into until after they have already committed themselves. The only thing that may follow then is to know whether you can get out of the agreement legitimately. The following are some critical steps you need to follow when you are getting out of a Timeshare Contract.

It is important to record everything that took place at the time if signing the agreement. You should, also include the people who were there is you attended a seminar and the time and date of the workshop. If you were lured into signing you should also add that in your report. You should also make sure you have your name and the name of the company in your story.

You also should write a letter to the firm that sold you the share and explains to them why you cannot continue with the agreement which you signed. Also, let them know you expect a refund of all the monies that were committed including what was paid using a credit card. It is good to have several copies of that letter, one for yourself, the lawyer, federal Commission and the one to the company.

You should indicate in the letter you expect a response from the company and an acknowledgment of the letter. You should also tell them you will be forced to contact the firm in case they do not get back to you within a given time. You should state in the letter you expect a refund of your credit card or any other amount used on the same.

After two days you should contact the customer service manager. Find out from them whether they have received your letter and what they are doing about it. You should not think that because you have sent them a message they have received. You must make sure that what you are expecting is the actual position and wait for the reply.

When you call the business, there is no need of getting emotional because that will not help you with moving the process. Instead, it will delay it if you do not express yourself well. Therefore when calling the company, make sure they understand your position and why you cannot continue with the agreement and what you expect them to do.

Make sure you have a copy of the agreement with you and even when you are sending it back for rescission you should keep a copy. That company will want the agreement again when you are refunded, but it is always essential to ensure you keep a copy in case of anything.

You should also make sure you are working hand in hand with a lawyer. There is much that you have to understand the property and therefore you need to have someone to help you. The advice of the legal officer will be of great help to you.




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