The first step to rescinding your timeshare is to write a timeshare cancellation letter. Click here for tips on how to format and write a cancellation letter.
Timeshare Cancellation Letter
We often make impulsive choices that end up being a big mistake. Why should you be stuck in a contract that you don’t even want?
A bad timeshare cancellation letter will make it harder for you to cancel your contract, it still won’t always guarantee cancellation as that depends on the contract that you signed but having a good letter will increase your chances.
If you are missing something, include too much or don’t get to the point, this cancellation process will take longer.
A good cancellation letter doesn’t have to be complex. It actually shouldn’t be. A good timeshare cancellation letter is simple and provides everything that a company needs in order for them to cancel your contract.
Here are some tips that will help you write a good cancellation letter.
Use a Clear Subject Line
A good letter won’t be of any use if it’s not read, the later it is read the later somebody will be able to take action.
If you provide a clear subject line on your letter and envelope, the individual that’s sorting out letters in that company will be able to tell which department your letter should go to straight away. You skip the queue.
Use “Timeshare Cancellation Request” as a subject line for instance.
Provide Everything That’s Needed
Stating that you want to cancel a contract will not cancel your contract unless the person on the other side knows what contract it is. You are not the only individual that has a contract signed with that company.
If you don’t provide the information that will help them find your contract, then you will simply delay this entire process.
In the introduction, you need to state when you purchased your timeshare. You also need to provide the name of the timeshare along with order number and your name. You aren’t the only one that purchased on that day.
This information is vital. Since letters don’t come in at the same time they are sent, not including just one piece of information could result in your cancellation being delayed by several days or weeks, especially if it’s a bigger company.
The company won’t know who you are and what timeshare you own until you provide all the details. Insert your email there too.
Provide all of that information as otherwise your cancellation might simply get delayed.
Before you even include any of these, you need to be direct.
Don’t wait until the very end to state that you want to cancel your contract. You need to know your purpose and let the company know straight away. Don’t talk about the mistakes that company made for 5 paragraphs to only mention that you would like to cancel at the end. People tend to get confused by writing. Don’t make it any easier for them.
61% of readers based on the WOBS research find that what they read is unclear, and if something is unclear, then it’s a lot harder to find out what the reader is seeking.
If you aren’t bold and instead use unconfident language, people will see that and use it against you. Words that don’t speak confidence need to go. “Could you perhaps cancel my timeshare?” It doesn’t sound confident.
Being bold does not mean that you have to be mean, it merely means that you need to be confident without insulting.
“I would like to request an immediate cancellation of my timeshare contract.” That sound confident. “Immediate” is used to add urgency.
But don’t stop there. State that you request a full refund of your deposit. If you seek a refund but only mention that you want to cancel, you simply won’t get a refund.
After stating that, it is also okay to provide with reasons behind why you want to cancel.
State the Reasons Behind Your Cancellation
While it is not often needed, it is sometimes necessary to add a reason.
“I would like to request an immediate cancellation of my timeshare contract as I am not satisfied with the value you bring considering the costs.”
This letter shouldn’t include complex words that make you look smarter. It shouldn’t include long paragraphs to show that you have much to say, it shouldn’t include long stories that don’t directly link in.
This letter should be simple. Make it as short as you can. That same research stated earlier also refers to 65% of writing is too long. Think about how fast you can transmit information when writing this letter.
That doesn’t mean that you shouldn’t provide information. You should. Just limit the non-information.
And don’t forget to space out your writing. Don’t just write everything in one big paragraph.
Ask for Confirmation
Without confirmation, you have no evidence that your contract is canceled, and that can backfire on you when you eventually find out that your contract is valid.
Timeshare Cancellation Letter: Things Not to Do
- Do not provide your passwords to any accounts in your letter. You do need to provide your order number, but there’s no need for passwords. Especially when they are written on paper.
- Do not include your credit card numbers. This might make sense as you are canceling, but once again this is something that should not be done.
- Do not forget to include a return address on your letter in case it doesn’t get delivered. USPS doesn’t release statistics on lost mail, but it is known that 500,000 letters are lost in the UK each week.
- Don’t send a letter that isn’t going to be tracked. A great letter will be of no use if it doesn’t get delivered. That might also leave you waiting.
It isn’t hard to write a timeshare cancellation letter. It’s simply about getting to the point while writing as little as possible.
A letter won’t always work due to the agreements in the contract, but if there are any misrepresentations that occurred when you bought your share, then there’s a chance that we can help you cancel it. Reach out to us.
Furthermore, if you have any questions relating to timeshares, also feel free to reach out or to get a free consultation. We also have a FAQ page.