Steps To Follow When Getting Out Of A Timeshare Contract

By Anthony Butler


If you find out you have been tricked into signing an agreement that you are not sure about like many others, you need to know how best you can get out of out. There are many things you need to do when rescinding an agreement. The purpose f this article is to guide you to ensure you have a smooth process of canceling your agreement. These few steps will help you 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.

With all the information you can remember about the process of signing the agreement, you need to ensure you have it in a letter addressed to the organization that owns the property. It is advisable to make copies of the same for you, your lawyer, your credit card company and the Federal Trade Commission. Send the letter through certified mail to be sure the firm receives it. You need to be sure the message reaches the addressee, and that is the only way to be sure.

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.

Also when you are returning the concord papers to the firm, it will be kind to ensure you keep a copy for your reference. The firm will expect you to return the documents to them when you are rescinding the agreement, but it will be wise for you to remain with a company. It will help you 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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