Top Sample Timeshare Cancellation Letter Templates to Use in 2021

Are you one of the many people who have found themselves locked into a timeshare contract that you no longer want or need? Don’t worry, you’re not alone. Timeshare ownership can be a great way to experience luxury vacations at an affordable price, but what happens when circumstances change, and you find yourself unable to use your timeshare? That’s where a timeshare cancellation letter comes in.

If you’re feeling unsure about how to go about canceling your timeshare, don’t worry – we’ve got you covered. In this article, you’ll find a sample timeshare cancellation letter template that you can use as a starting point. Not only that, but we’ll show you how to edit it to fit your specific situation, making the process as easy and stress-free as possible.

Whether you’ve realized that you no longer can afford the timeshare, or you’re simply not getting the value you expected out of it, canceling your timeshare is an option. Of course, there are many different factors to consider, and the process can be a bit overwhelming at first. But with our sample timeshare cancellation letter template, you can simplify the process and get started on your journey to getting out of your timeshare.

So keep reading to discover more about timeshare cancellation, and how using a cancellation letter template can help make the process quicker, easier, and less stressful.

The Best Structure for a Sample Timeshare Cancellation Letter Template

Are you looking for a way to cancel your timeshare contract and get out of a burdensome obligation? Well, writing a timeshare cancellation letter can be the solution. However, drafting one can be overwhelming, especially if you have never done it before. Fortunately, with a well-structured sample timeshare cancellation letter template, you can save time and simplify the process. Here are the key elements to include in your letter:

1. The Heading

The heading is the first item that your recipient will see. It should include basic information such as your name, address, phone number, and email. Make sure you use a clear, professional font and avoid including unnecessary details that may clutter your heading.

2. The Introduction

The introduction sets the tone for your letter. It should be brief, polite, and straightforward. State your intent to cancel the timeshare and mention the contract number, date, and name of the timeshare resort. Express gratitude for the opportunity to have been a member but emphasize your desire to terminate the contract.

3. The Reason for Cancellation

In this section, explain why you want to cancel the timeshare. Be honest, clear, and concise. Avoid using emotional language or criticizing the resort or its staff. Instead, focus on the facts that led you to cancel, such as financial difficulties, health issues, or changes in your lifestyle or travel plans. Mention any attempts you made to resolve the issue with the resort and the outcome of those efforts.

4. The Request for Cancellation

This is the main purpose of your letter. Clearly state that you are requesting the cancellation of your timeshare contract. Provide the date by which you would like the cancellation to take effect and any specific instructions on how to proceed with the refund of your deposit or other payments. Be firm but polite and avoid making threats or demands.

5. The Closure

The closure of your letter should be courteous and professional. Thank the resort for their attention and cooperation and express hope for a prompt resolution. Sign your letter with your name and contact information.

By following this structure, you can create a persuasive and effective timeshare cancellation letter that gets your point across and protects your rights. Remember to keep it concise, respectful, and free of grammatical errors or typos. Good luck!

Sample Timeshare Cancellation Letter Templates

Cancellation Letter Template for Financial Reasons

Dear [Timeshare Company],

I am writing to request the cancellation of my timeshare membership with [Company Name], effective immediately. Due to unforeseen financial difficulties, I am no longer able to maintain my payments for the timeshare and have been forced to make some difficult decisions in order to manage my finances.

I have enjoyed my time with [Company Name] and have appreciated the opportunities it has presented, but at this time I must ask that you release me from my contract. I understand that there may be penalties associated with early termination, and I am prepared to discuss those with you to find a mutually acceptable solution.

I would like to thank you for your understanding and cooperation in this matter, and I hope that we can find a resolution that works for us both.

Sincerely,

[Your Name]

Cancellation Letter Template for Health Reasons

Dear [Timeshare Company],

I am writing to request the cancellation of my timeshare membership with [Company Name], effective immediately. Unfortunately, due to medical reasons beyond my control, I am no longer able to travel to the extent that is required for the timeshare.

I appreciate the opportunities that [Company Name] has provided me with in the past, but I must ask that you release me from my contract. I understand that there may be penalties associated with early termination, and I am prepared to discuss those with you to find a mutually acceptable solution.

I would like to thank you for your understanding and cooperation in this matter, and I hope that we can find a resolution that works for us both.

Sincerely,

[Your Name]

Cancellation Letter Template for Inability to Use the Timeshare

Dear [Timeshare Company],

I am writing to request the cancellation of my timeshare membership with [Company Name], effective immediately. Unfortunately, due to changes in my personal circumstances, I am no longer able to utilize the timeshare as I once did.

I have appreciated the opportunities that [Company Name] has provided me with over the years, but I must ask that you release me from my contract. I understand that there may be penalties associated with early termination, and I am prepared to discuss those with you to find a mutually acceptable solution.

I would like to thank you for your understanding and cooperation in this matter, and I hope that we can find a resolution that works for us both.

Sincerely,

[Your Name]

Cancellation Letter Template for Unmet Expectations

Dear [Timeshare Company],

I am writing to request the cancellation of my timeshare membership with [Company Name], effective immediately. Unfortunately, my experiences with the timeshare have not lived up to the expectations that were set when I first became a member.

While I appreciate the opportunities that [Company Name] has provided me with over the years, I feel that it is time for me to part ways. I understand that there may be penalties associated with early termination, and I am prepared to discuss those with you to find a mutually acceptable solution.

I would like to thank you for your understanding and cooperation in this matter, and I hope that we can find a resolution that works for us both.

Sincerely,

[Your Name]

Cancellation Letter Template for Unsatisfactory Service

Dear [Timeshare Company],

I am writing to request the cancellation of my timeshare membership with [Company Name], effective immediately. Unfortunately, the service that I have received from [Company Name] has not met my expectations and I feel that it is time for me to move on.

While I have appreciated the opportunities that [Company Name] has provided, I believe that it is in my best interest to cancel my membership. I understand that there may be penalties associated with early termination, and I am prepared to discuss those with you to find a mutually acceptable solution.

I would like to thank you for your understanding and cooperation in this matter, and I hope that we can find a resolution that works for us both.

Sincerely,

[Your Name]

Cancellation Letter Template for Moving Away

Dear [Timeshare Company],

I am writing to request the cancellation of my timeshare membership with [Company Name], effective immediately. Unfortunately, I am moving away from the area and will no longer be able to utilize the timeshare to its fullest extent.

While I have enjoyed my time with [Company Name], I believe that it is in my best interest to cancel my membership. I understand that there may be penalties associated with early termination, and I am prepared to discuss those with you to find a mutually acceptable solution.

I would like to thank you for your understanding and cooperation in this matter, and I hope that we can find a resolution that works for us both.

Sincerely,

[Your Name]

Cancellation Letter Template for Retirement

Dear [Timeshare Company],

I am writing to request the cancellation of my timeshare membership with [Company Name], effective immediately. Unfortunately, I am retiring and will no longer be able to utilize the timeshare to its fullest extent.

I have appreciated the opportunities that [Company Name] has provided me with over the years, but I believe that it is time for me to cancel my membership. I understand that there may be penalties associated with early termination, and I am prepared to discuss those with you to find a mutually acceptable solution.

I would like to thank you for your understanding and cooperation in this matter, and I hope that we can find a resolution that works for us both.

Sincerely,

[Your Name]

Tips for Writing a Sample Timeshare Cancellation Letter Template

If you are no longer interested in your timeshare, you may want to cancel your contract. Writing a timeshare cancellation letter can be a difficult process, but it is important to follow some guidelines to ensure that your cancellation is effective. Here are some tips that can help you write a sample timeshare cancellation letter template:

  • Be clear and concise. Your letter should be direct and to the point. You should state clearly that you want to cancel your contract, and provide any relevant details such as the name of the timeshare, your account or membership number, and the date the contract was signed.

  • Include any pertinent information. Make sure that you include any information that may be relevant to the cancellation. This could include any fees that you have already paid, your future dues or obligations, and any other terms or conditions that were part of your contract.

  • Be professional and polite. While you may be frustrated or upset about the situation, it is important to remain professional and polite in your letter. Avoid making accusations or personal attacks, as this can damage your negotiating power.

  • Include your contact information. If you want to receive a response from the timeshare company, you should include your contact information such as your name, address, and phone number. You may also want to include your email address or fax number if you have one.

  • Send your letter by certified mail. It is important that you send your letter to the timeshare company by certified mail. This will provide you with proof that the letter was received and will also give you a record of the date that it was sent.

Writing a timeshare cancellation letter template can be a complex process, but following these tips can help ensure that your letter is effective. By being clear, concise, and polite, you can increase your chances of success in cancelling your timeshare contract.

Sample Timeshare Cancellation Letter Template FAQs

What is a sample timeshare cancellation letter template?

A sample timeshare cancellation letter template is a pre-formatted letter that can be used by timeshare owners to cancel their contract with the resort.

Can I use the same sample timeshare cancellation letter template for all resorts?

While the basic structure of the letter will remain the same, it is recommended that you review the specific cancellation requirements and procedures of each resort and modify the template accordingly.

Can I cancel my timeshare contract at any time?

Most timeshare contracts have a rescission period during which owners can cancel without penalty. After this period ends, cancellation may still be possible but could result in financial consequences. Review the terms of your contract or consult with legal counsel for guidance.

Do I need to provide a reason for cancelling my timeshare contract?

No, you are not required to provide a reason for cancelling your timeshare contract, but it may be helpful to include one in your letter to provide context for the cancellation request.

What information should be included in the sample timeshare cancellation letter template?

The letter should include the owner’s name, address, and contact information, the timeshare property details, the date of purchase, the cancellation request, and any additional information required by the resort’s cancellation policy.

Should I send the sample timeshare cancellation letter template via certified mail?

It is recommended that the letter is sent via certified mail to ensure that it is received and to provide proof of postage and delivery.

Is it necessary to hire a lawyer to cancel a timeshare contract?

No, it is not necessary to hire a lawyer, but legal counsel may be helpful in navigating the cancellation process and reviewing the terms of the contract.

Thanks for taking the time to read about our sample timeshare cancellation letter template. We hope you found it useful and that it helps you in your quest to cancel your timeshare. Remember, it’s important to be firm and clear in your letter so the timeshare company cannot misunderstand your intentions. If you have any questions or need further assistance, don’t hesitate to reach out to us. We’ll be happy to help! Keep checking back for more helpful tips and templates from us. Have a great day!