Take Right Steps to Cancel the Timeshare Contract

Before taking any crucial step, it is important to do a little homework to act carefully. One should remember that he/she is entitled to cancel a timeshare purchase within 14 days of signing. Further, if someone wishes to cancel a purchase which is linked with a loan then it is necessary that the loan is separately cancelled with the bank. One should consider that the cancellation must be in writing. Although an email will be sufficient, a recorded delivery letter is strongly suggested by the experts. It is also recommended to put the cancellation request within the 14 days of purchasing the timeshare property.