How To Cancel Wyndham Timeshare Contract?
(1) Contact Wyndham Destinations
One option is to contact your Wyndham Destinations timeshare resort to see if you can self-negotiate a pathway or certified exit solution directly with the Wyndham timeshare company. Your Wyndham resort developer, management company or property owner’s association may have a deed back or timeshare cancellation program already in place. Keep in mind that your options may be limited once the state-mandated rescission period has passed. You may want to request in advance all cancellation terms and conditions as well as fees that may apply for a Wyndham deed or Wyndham points relinquishment.
While Wyndham has recently modified their exit programs for vacation owners, the company’s terms and conditions for timeshare release are not published or available for review in advance. This will require you to call or contact Wyndham Vacation Ownership exit department to get specifics available to you for cancellation.
(2) Rental and Third-Party Resale
Many Wyndham Timeshare owners often attempt to rent out their own vacation intervals, using an online marketplace such as eBay or another rental platform. Be sure to read the Wyndham member guidelines and rules regarding renting out your own vacation interval. Often commercial use restrictions apply to those in club membership and who use third-party rental companies. Guest certificate fees as well as other significant restrictions may apply to rental.
Wyndham Timeshare Resale Restrictions
Wyndham timeshare owners may also look to third-party resale companies to help them sell timeshare. We advise that you steer away from upfront online advertising groups that solicit owners and hold themselves out as legitimate resale companies. Wyndham maintains right of first refusal (ROFL) and must approve any resale contract. Check with the developer for any other resale restrictions that you may need to share with a resale buyer. Wyndham Club Pass or Lifestyle by Wyndham programs may not be transferrable. Also, many secondary market companies have no resale licensing at all and typically only hold a timeshare telemarketing license as required by various state laws. If you choose to look at resale, check eBay or other websites that show actual sales of Wyndham timeshare resales and not just listings.
Companies that post Wyndham resale listings often do not report actual sale prices and many timeshares can be bought and are sold for as little as a dollar on the secondary market. They also do not post Wyndham’s resale restrictions. Other types of companies that operate in the resale marketplace are travel club/trade-in and transfer groups. These companies are not directly connected to Wyndham and owners should also use caution when considering the use of any of these trade-in services as the developer may not take your timeshare in trade. Regulatory warnings are issued frequently about the above types of timeshare exit companies and the specific services offered.
(3) Cancel Your Timeshare Contract With a Timeshare Attorney
If none of the above options are available to you or fit your needs or circumstances, a timeshare attorney can provide you a free consultation. Your timeshare attorney can formulate an individual timeshare exit strategy with you to best serve your interests.
Having a timeshare attorney on your side can also offer practical, material benefits when it comes to a timeshare cancellation. Only an attorney can provide you with one-on-one legal advice when it comes to understanding your actual rights and remedies as a consumer based on your experience.
Only a timeshare attorney who directly represents a client, can offer the opportunity to pursue litigation if it is warranted. As a result, many resort developers have been more open to negotiation and settlement than they might be with a consumer who comes to the table without representation and who may not understand the legal aspects of timeshare cancellation.
Ready to cancel your timeshare contract? Contact the Finn Law Group today.
Led by Timeshare Attorneys Michael D. Finn and J. Andrew Meyer with over 75 years of experience, the Finn Law Group is a consumer protection firm specializing in timeshare law. Our lawyers understand vacation ownership as well as the many pitfalls of the secondary market of timeshare resales. If you feel you have been victimized by a timeshare company, contact our offices for a free consultation.