It’s believed to be costly to buy timeshare despite the fact that it gives great vacation experience to its owner. Almost everyone is trying to cut cost these days due to the economic downturn we are experiencing and for that, it may be smarter for the owners to have his or her timeshare contract cancelled. With this, he/she can opt for a cheaper form of vacation or perhaps, make use of the money on more important matters.
On the other hand, if the owner had just purchased timeshare at Granite consulting llc and decides to get rid of it, he or she might do so without forfeiting his or her initial payment by acquiring a rescission period. In the US, almost every single state has a rule for rescission or simply the timeframe to which the buyer can still change his/her mind and cancel sales contract without having to forfeit any money. However, you must be aware of the fact that rescission period varies from states.
First of all, you have to check your contract for clause saying something about the rescission period. Everything you need to know is listed in the contract and when you wish to submit a rescission request, you can look for specific details that are concerning the deadlines in contract. Then, it’s time to make note of rescission deadline as soon as possible and the instructions on how to cancel timeshare successfully.
As soon as you’ve found the information needed from your contract, you have to make certified letter which stipulates that you like to cancel your timeshare. As much as possible, try to make it short and take note that there’s no reason to explain everything. An important thing is that, they know that you’re exercising your rights to rescind contract by terms of the agreement. You have to include your address, name, date of purchase and contract number in the cancellation letter. As soon as the deposit was taken, you have to request its return. In some other cases, the company will give you a form to be able to simplify the process and you can make use of that. Learn more about timeshare at http://www.huffingtonpost.com/christopher-elliott/timeshare-industry_b_3252795.html.
Above everything else, you should send your rescission letter before the cancellation deadline of timeshare contract. With certified letter, you could demand signed receipt which indicates that they need to respond. Not only that, you have to make copies of all the documentation and be sure that it’s postmarked before the deadline.
Apart from that, you have to make efforts in making copies of all documentation and see to it that it’s postmarked prior to the deadline. By doing so, you will be able to get proof that you’ve mailed it on time if ever there are some conflicts in the future. Contact granite consulting to know more!