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Sample Timeshare Cancellation Letter: A Guide to Cancelling Your Mexico Timeshare Contract Safely and Timely

Sample Timeshare Cancellation Letter: A Guide to Cancelling Your Mexico Timeshare Contract Safely and Timely
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You might've just purchased a timeshare in Mexico when reading this article.

If you are not sure if you want to "own" a piece of paradise in Mexico, you can cancel your timeshare contract and recover your money if you purchase it within five days.

If you have purchased a timeshare in Mexico but have cold feet, it is possible to cancel your contract and recover the money you have paid so far.

The cancellation of a timeshare is divided based on how long ago you purchased your membership; if you purchased within 5 business days, you should be entitled to the cancellation of the contract as well as a full refund of your deposit; if your purchase was more than 5 business days ago, do not despair; there is also help you can receive to stop paying for your timeshare.

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Timeshare cancellation within five business days

If you purchased the timeshare within five business days from today, you can cancel your purchase by requesting so to the timeshare resort.

First, you must submit a document requesting the cancellation of the contract and the refund of your money, specifying that you will expect to receive the amount paid.

The shipping methods NOT useful as evidence of your cancellation request are:

Very important!!!

Another aspect to keep in mind is that many timeshare resorts will not respond to your cancellation request, and you can lose your opportunity to cancel your timeshare and recover your money.

In our years of experience, it is very common that the timeshare salespeople lie to the clients and give them false information in order to never receive the timeshare cancellation letter in Mexico.

If you are reading this, and you have a feeling that something is not right, or If you submitted your cancel timeshare contract letter more than 15 days ago and the resort is not answering back or denying the cancellation of the contract, please contact us as soon as possible to get a free consultation and to have further detail about the cancellation process and recover your money.

The tricks and delaying tactics

If you are outside Mexico, the distance can be a disadvantage in your situation, and it can cost you the cancellation of your contract.

This can make it difficult to follow up on your case and to attend your hearings with PROFECO.

A lot of times, sending the letter does not guarantee the cancellation of your contract.

It is essential to hire an attorney who knows the timeshare laws and can closely follow up on your hearings.

Do not throw away your down payment, and avoid losing thousands of dollars in debt just to save a few dollars.

Timeshare cancellation after five business days

If your purchase was made more than five business days ago, the cancellation becomes more complicated, but not impossible.

The resorts will put obstacles and traps in place of cancellation, but the cancellation of a timeshare contract is achievable with the assistance of MTS.

Another drawback for contracts that have passed the 5-day cancellation period prescribed by law is that if you don't cancel your contract, you might be facing:

  • Being sent to collections
  • Having your credit rating affected
  • Calls from debt collectors requesting money
  • Lost any chance of a recipe or any money given to the resort

If you are still convinced that you no longer want to continue with your timeshare, we recommend you use the legal path and not only stop making payments; failing to do so will definitively affect your credit score and ruin your plans for the future.

If you already sent your cancellation letter within 5 days and have not received an answer from the resort after 15 days, don't despair; contact us

At Mexican Timeshare Solutions, will offer a free consultation to advise you on your case, get your money refunded, and cancel your contract.

To receive more information about a timeshare cancellation letter and how to cancel your timeshare, send a WhatsApp to +52 333 239 6589, fill out the contact form, or call us at +1 714 277 3662.

Information to share

If you liked this article, please help us share this information with more people in order to avoid more timeshare scam victims.

  • Share this link http://www.timesharescam.com/blog/94-sample-timeshare-cancellation-letter/ on your favorite blogs and forums

Leave your comment below and share your opinion with us. To know more about timeshare scams, go to: Mexico Timeshare Scam

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59 Comments
  • EDUARDO FLORESOctober 9, 2017, 11:00 am

    POR FAVOR URGE CONTACTARLOS HOY ES MI DIA 2 DESPUES DE HACER EL CONTRATO.

  • GuilleJuly 19, 2017, 2:02 pm

    Contraté tiempos compartidos bluebay Cancún Playa del Carmen nos mencionaron que podíamos cancelar en cualquier momento y como nos tuvieron más de 4 horas en su dichosa reunión por presión de tiempo decidimos firmar contrato y no leímos que solo dan 5 días posteriores a la firma para cancelar, ya hicimos 3 pagos ahora ya no lo queremos y no sabemos qué hacer para cancelarlo

  • Sandra Luz Rendón LaraJune 20, 2017, 11:26 pm

    Hola espero me puedan asesorar por favor, el fin de semana pasado estuvimos hospedados en él fiesta americana villas Acapulco por parte de una promoción que le ofrecieron a mi esposo en su trabajo obviamente estando allá tuvimos que asistir al desayuno el sábado 17 y posteriormente a que nos dieran toda la información de tiempo compartido y terminamos firmando un contrato más por presión que por gusto y después de ver todos los comentarios solo pienso en poder cancelar este, dimos un enganche como de 34 mil aprox y lo que veo a que aún estamos dentro de los cinco días hábiles para poder notificar la cancelación pero realmente queremos estar seguros de cómo hacerlo bien desde un principio ....espero me puedan contactar a mi celular o por correo lo antes posible,muchas gracias

  • Fuentealba RominaMay 22, 2017, 3:29 pm

    Buenos días, adquirimos el 04 de mayo del 2017 un tiempo compartido del sandos caracol de playa del Carmen y estamos arrepentidos ya que al leer el contrato con detalle nos dimos cuenta que el precio es por persona a y no por departamento como nos habían dicho. Cómo podemos cancelarlo. Muchas gracias

  • AlessandraAlvarezApril 8, 2017, 7:47 am

    Porfavor ayuda!!! Somos de Perú compramos un tiempo compartido en Cancún en Te Reff playa car y estamos bien arrepentidos. Lo compramos el 6 de abril y hoy es sábado! Hasta cuando tengo como la presento? Pierdo todo? Pague 800 dólares

  • Ana escobedoMarzo 9, 2017, 7:10 am

    Hace 36 Hrs adquirí un tiempo compartido en pueblo bonito, quiero cancelarlo, el contrato no especifica cancelación, será suficiente con enviarles una carta?
    O requiero algo mas?

  • Poletti FlorenciaFebruary 26, 2017, 3:15 am

    Cuando mis padres firmaron el contrato entregaron una seña de 1700 dolares. Parte de eso era honorario de Notariado, impuestos y sellos de Florida. Como estoy por iniciar el trámite de resicion y anulación del contrato dado que estoy dentro del período quisiera saber si puedo exigir que me devuelvan el 100% de lo que yo entregue o sólo una parte de esos 1700.

  • florenciaFebruary 26, 2017, 2:40 am

    Mis papas firmaron un contrato hace 3 días con un resort en Florida. Quiero saber si llevando la carta personalmente al hotel se puede resindir el contrato.

  • javier aguirreOctober 20, 2016, 1:42 am

    buenas noches, mis papas acaban de adquirir el dia 15 de este mes un tiempo compartido el cual quiero cancelar, respecto al contrato dice que tengo 5 dias habiles para la cancelacion del contrato, ojala me pudieran ayudar

  • Juan Felipe Martínez Hernández May 3, 2016, 7:28 am

    Hola necesito de su ayuda ya que contrate un tiempo compartido el día sábado 30 de abril y checando muchos comentarios en internet veo q estoy a tiempo para cancelarlo ojalá puedan comunicarse conmigo saludos

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