Letter to Cancel Timeshare before Rescission Period Sample

In this article, I’ll walk you through a step-by-step guide on how to draft an effective cancellation letter, including a handy template to get you started.

Key Takeaways

  • Understand Your Rescission Rights: Know the specific timeframe and rules around rescission for your timeshare.
  • Gather Necessary Information: Have your timeshare details and any relevant documentation at hand.
  • Be Clear and Concise: State your intent to cancel plainly, without unnecessary detail or explanation.
  • Send Documents Correctly: Use certified mail to ensure there’s proof of your correspondence.
  • Template Included: A straightforward template to tailor to your needs.

Step 1: Verify Your Rescission Period

First and foremost, confirm the specific rescission period for your timeshare contract. This period can vary significantly depending on the state or country where the timeshare is located. 

Typically, it ranges from 3 to 15 days after purchase. I once helped a friend draft a cancellation letter only to discover we were one day late—timing is everything!

Checklist for Verifying Rescission Period:

  • Review Your Contract: Look for the clause that specifies the rescission period.
  • Contact Customer Service: If unsure, call the timeshare company for clarification.
  • Note the Deadline: Mark this date prominently in your calendar.

Step 2: Collect Necessary Details

Gather all the relevant information that you’ll need to include in your letter. This typically includes your timesharing agreement number, the purchase date, and the names on the contract. 

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It’s much like the time I had to cancel a timeshare in Florida; I realized having documents neatly organized sped up the process significantly.

Information to Include:

  • Timeshare Agreement Number
  • Purchase Date
  • Full Name(s) as Appears on Contract
  • Contact Information

Step 3: Write the Cancellation Letter

Now, onto the letter itself. Your cancellation letter should be straightforward and to the point. Clearly state that you are cancelling the contract within the rescission period and that you expect all deposits to be returned. No need for lengthy explanations or stories—keep it professional and to the point.

Example Paragraph: Dear [Timeshare Company], I am writing to formally cancel my timeshare agreement [Agreement Number], purchased on [Purchase Date]. According to the terms of the agreement and state law, I am within my rescission period and request that this cancellation is processed immediately.

Step 4: Send the Letter via Certified Mail

Once your letter is ready, send it via certified mail. This provides you with proof of delivery, which is crucial should any disputes arise. Remember, the letter must be postmarked before the last day of the rescission period. 

It’s similar to the approach I took when cancelling a Nevada-based timeshare; the certified mail was a lifesaver when the company initially claimed they hadn’t received my cancellation notice.

Sending Your Letter:

  • Certified Mail: Essential for proof of delivery.
  • Keep Copies: Always keep a copy of the letter and any correspondence.
  • Follow Up: If you don’t receive a response, follow up with a phone call.

Step 5: Confirm Cancellation

Finally, ensure that you receive a confirmation of cancellation from the timeshare company. This should be a written confirmation stating that your timeshare agreement is cancelled and that any deposits will be returned. If they do not comply, you may need to seek legal advice.

Free Template to Cancel Your Timeshare

[Your Full Name]
[Street Address]
[City, State, Zip Code]
[Email Address]

[Timeshare Company’s Name]
[Company’s Address]
[City, State, Zip Code]

Subject: Cancellation of Timeshare Agreement [Agreement Number]

Dear [Timeshare Company],

I am writing to notify you that I am cancelling my timeshare agreement, [Agreement Number], effective immediately. According to the terms of my contract and the laws of [State/Country], I am within my rescission period. I request that this cancellation be processed without delay and that all deposits be fully refunded.

Please confirm the cancellation of this agreement in writing and inform me of the expected date for the refund. If you require further information to process this cancellation, please contact me at [Your Phone Number].

Thank you for your prompt attention to this matter.


[Your Name]

Frequently Asked Questions (FAQs)

Q: What exactly is the rescission period for cancelling a timeshare?

Answer: The rescission period is a legally mandated window during which you can cancel your timeshare purchase without penalty. This period varies by location but generally ranges from 3 to 15 days after the contract is signed.

Q: How should I send my timeshare cancellation letter to ensure it is received?

Answer: Based on my experience, always send your cancellation letter via certified mail with a return receipt requested. This method provides proof that the letter was delivered before the end of the rescission period.

Q: What should I include in my timeshare cancellation letter?

Answer: In my letters, I always include the timeshare agreement number, the purchase date, my full name as it appears on the contract, and a clear statement that I am cancelling the contract within the rescission period. Make sure to request confirmation of the cancellation in writing.

Q: Can I email my cancellation letter to the timeshare company?

Answer: While I’ve mostly used certified mail, emailing your cancellation might be possible if your contract allows it. However, always follow up with a mailed copy for official records and ensure you receive a confirmation reply.

Q: What if I miss the rescission period to cancel my timeshare?

Answer: Missing the rescission period complicates things, but it’s not the end of the road. In the past, I’ve consulted with a legal expert to explore other options, which may include negotiating with the timeshare company or seeking legal ways to exit the contract.

Q: Who should I contact if I have questions about my right to rescind a timeshare purchase?

Answer: When I had questions, I found it helpful to contact the consumer protection office in the state where the timeshare is located, as they can provide detailed information about rescission rights and procedures specific to that state.

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