How To

Timeshare Contract Loopholes

If you’re looking for timeshare contract loopholes, you probably want to get rid of your timeshare. Perhaps you’ve tried to sell it with no luck and now just want to cancel it and stop the maintenance fees. That’s understandable. You shouldn’t be forced to keep paying for a product you no longer want or even use.

In 2015, House Bill 453 in Florida made it harder for timeshare owners to find loopholes in their timeshare contracts that would allow them to get out. According to this Orlando Sentinel article,

“The bill attempts to stop “frivolous lawsuits” where owners try to get out of contracts that contain ‘nonmaterial’ errors.”

That’s the timeshare industry for you. Timeshare resort developers will do anything they can to keep owners in their legally binding contracts.

Don’t be fooled by timeshare exit companies that claim they can find these contract loopholes to get you out. There are still ways to get rid of your timeshare but finding loopholes in a timeshare contract is no longer one of them.

Timeshare exit companies have discovered new methods to get owners out of their timeshares now. Most of the legitimate timeshare exit companies have worked in the industry for a long time and know how each timeshare resort developer works. They leverage this experience, and sometimes their connections, to get you out. Simple as that.

Lawyers still play a role as well. A timeshare exit company that does not work with lawyers to get your timeshare cancelled is likely a scam. Lawyers give the timeshare exit company further leverage to use against your timeshare developer.

Scams are everywhere in the timeshare industry. That’s why we here at only recommend working with timeshare exit companies that offer an escrow payment option. With escrow, you pay an escrow account up-front, but the timeshare exit company does not get paid from the escrow account until AFTER your timeshare has been cancelled.

Learn more about escrow and why it’s important here.

If you still have questions about how to get out of your timeshare, initiate live chat in the bottom right hand corner of the screen or submit a contact form. You may also call us directly at 213-282-5595.