Tag Archives: canceling timeshare contract

cancel your Mexican timeshare

How to Cancel your Mexican Timeshare

Puerto Vallarta, Nuevo Vallarta, Riviera Nayarit, Cozumel, Los Cabos, Mazatlan, Cancun and other locations in Mexico have made the country the number two geographical spot that has a lot of timeshare companies offering timeshares and vacation club memberships. The popularity comes from the area having so many enticing rewards that makes it hard to refuse the timeshare offers given. On the other hand, what if keeping your timeshare membership no longer something you want to do? Are there options available for you to cancel your Mexican timeshare? If so, is the process done with the resort, or will it take legal maneuvers to make it happen? Here is all you need to know about how to cancel your Mexican timeshare.

Your consumer rights when you want to cancel a Mexican timeshare

All purchases are covered by consumer rights—including your timeshare. Mexico has a rescission period (aka “cooling off period”). The rescission period is beneficial to both the company and the potential investor because it allows the customer to try out the timeshare before finalizing the contract for ownership. Now, let’s take a deeper look at what the rescission period means for the timeshare consumer when you want to cancel your Mexican timeshare.

Are you able to cancel your Mexican timeshare contract directly with the resort?

Yes. Even after signing the contract, you have a specific time frame to back out your contract, which is called the rescission period. Ask the resort about how long your rescission period is for your timeshare. That way, you will be able to cancel the contract at the resort without incurring any penalty.

Are you able to cancel your Mexican timeshare after my rescission period has expired?

Once the rescission period has gone by, you won’t be able to cancel your Mexican timeshare contract. Therefore, you need to watch out for companies promising you that they are attorneys that can get you out of your Mexican timeshare membership. What they fail to tell you is that there is no legal way you can get out of your timeshare contract once the rescission period has ended. Even these so-called companies stating that they specialize in getting timeshare memberships canceled are fraudulent. They may offer a free first-time consultation, but they will charge you a fee.

Why do people keep falling for Mexican timeshare cancellation scams?

People keep falling for these scams because the companies seem very promising. They lead you to believe that there is still a way to cancel your Mexican timeshare contract and offer a nice cancellation package to do so. By the time you honor their costly fees, you will think you have canceled the membership, but all you have done is started the loan default process, which still means the contract is being enforced. Anyone telling you they can cancel your timeshare membership after the rescission period is most likely making a false claim they won’t be able to back up legally.

Recommended article: The Villa Group Scams Explored

Villa del Palmar Cancun

Villa del Palmar Cooling Off Period for Timeshare

Canceling a timeshare can be a tricky business, but generally, if you have purchased a Villa del Palmar branded timeshare, there are very few cases where you will need to cancel your timeshare. Nevertheless, in accordance with Mexican law and to offer the best guarantees to potential timeshare members, the Villa del Palmar cooling off period is a timeframe when it should be simple to cancel your timeshare contract.

Villa del Palmar Cooling Off Period

During the Villa del Palmar cooling off period, there are simple steps that you can take to cancel your timeshare, if you feel that action is necessary. The first step to take during the Villa del Palmar cooling off period is to consider if cancellation is really necessary. This time is key for reflecting on the benefits of your purchase, so that you are sure, without any sales pressure that Villa del Palmar timeshare is right for you.

Villa del Palmar Cancun

Doubts during the Cooling Off Period

If you have any doubts during the cooling off period, it is a good time to contact Villa del Palmar members’ services with any questions that you might have about your contract. Mention to the Villa del Palmar agent that you have some questions you would like answered before the cooling off period expires. This will give the agents chance to calm some of your doubts and answer any questions.

Who can cancel during the cooling off period?

Anyone who has bought a Villa del Palmar timeshare or Villa Preferred Access membership can cancel during the cooling off period, after which time your contract takes full effect and you will need to seek legal advice to cancel your timeshare.

Canceling a timeshare during the cooling off period will vary from company to company, so you should contact Villa del Palmar directly to see what your rights are during this time. Both the timeframe and the requirements for cancellation may differ, so be sure to ask or check your contract thoroughly.