Cancelling Mexican Timeshares

August 29, 2017 at 10:05 am

The rewards that are offered when presenting a timeshare are hard to resist, which is why a lot of people invest in them. So, places like Mazatlan, Riviera Maya, Cancun, Los Cabos, Cozumel, Puerto Vallarta, Riviera Nayarit and Nuevo Vallarta have made Mexico have the second largest population of timeshare agencies in the world. Therefore, many people view Mexico as a hotspot for investing in timeshares. But what about those situations in which you are thinking about cancelling Mexican timeshares? Is there such a thing as being able to cancel your timeshare membership? If so, can the cancellation be done between you and the resort, or is legal action needed for assistance? Here is all you need to know about cancelling Mexican timeshares.

Cancelling Mexican Timeshares

Consumer rights when cancelling Mexican timeshares

A timeshare has the same consumer rights protection as any other purchase when cancelling Mexican timeshares. The rescission period—also called “cooling off period”—is available in Mexico and applies to timeshare agencies and their customers. The rescission period is more like a grace period that lets you try before you buy with the assumption that most people will after having a positive experience. The following information gives more details on what the rescission period means for timeshare owners when cancelling Mexican timeshares.

Cancelling Mexican timeshares with the resort directly

Cancelling Mexican timeshares directly with the resort is possible if it’s done during the rescission period. The rescission period is the time you are allowed to cancel your timeshare without penalty. So, find out how much time you have to make the decision to cancel your timeshare membership should you feel the need to terminate it after signing your contract.

How do you go about cancelling Mexican timeshares after the rescission period is over?

There is no option for cancelling Mexican timeshares after the rescission period is over. Agencies offering to cancel your timeshare for you (pretending to be a team of lawyers) don’t have any legal grounds to cancel your timeshare. They have you paying a fee after your first free consultation all to find out that the cancellation is not legal and will not be honoured in court.

Why do people keep falling for timeshare cancellation scams?

Companies cancelling Mexican timeshares look like a dream come true because they seem to offer something most say cannot be done: cancelling a timeshare after the rescission period. People get caught up in the hype of these false promises and end up realizing they have paid a lot of money to have a service performed that is not legal. And now, they are stuck with a loan in default and a membership that is still legally binding. Beware of any agency promising to cancel timeshares because they are telling you false promises in hopes of getting money from you.

Recommended article: Cancel Timeshare Contracts at Villa del Palmar

Villa del Palmar – Timeshare Cooling off Period

December 30, 2014 at 10:30 am

One of the key questions you should ask when you attend a timeshare presentation and are about to sign your contract is how long you have for the timeshare cooling off period. The timeshare cooling off period varies from company to company, and in Mexico it can be anywhere from just a few days to a few weeks, depending on the timeshare company you buy from. For Villa del Palmar timeshare purchases, you should ask about the cooling off period while you are at the presentation, preferably while you are revising the details of your contract.

What are the benefits of the timeshare cooling off period?

The benefits you have during the timeshare cooling off period is that it gives you time to consider your purchase and whether or not you can afford the type of membership that you have bought. For instance, maybe you thought that you could afford to buy the equivalent points membership for a 2 bedroom suite for two weeks at Villa del Palmar Cabo, but once the excitement faded and you look at your bank statements, you realize that 1 week in a 2 bedroom suite is more suitable for your budget. During the timeshare cooling off period, there is still time to make any of these changes; likewise you can also upgrade your purchase to a 3 week timeshare or more.

The timeshare cooling off period is also the only time when you can legally cancel your timeshare contract completely. After the cooling off period you will need to prove that there has been some fraudulent action or that Villa del Palmar are in breach of the contract (which it is highly unlikely). Therefore, if you have any doubts, you need to decide within the cooling off period.

Timeshare Lawyers and Attorneys During the Cooling Off Period

There is no real need for you to pay a timeshare lawyer or attorney to cancel during the cooling off period of your Villa del Palmar timeshare. You should be able to follow the steps by yourself. Obviously, having someone working on your behalf is great if you have the budget to pay someone to help you cancel your timeshare during the cooling off period. However, it is not necessary. There are many timeshare scams that target new timeshare owners who wish to cancel their timeshare during the cooling off period, charging high sums of money when the process should cost you as much as the postage.

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