Legal Question in Real Estate Law in California
Has anyone successfully terminated a timeshare contract?
1 Answer from Attorneys
While it is true that a timeshare contract is a binding legal document, it is often mistakenly thought that such a contract cannot only be cancelled. In fact, most timeshare companies maintain that their contracts are non � cancellable. This misconception is perpetuated by timeshare companies and user groups that are funded, maintained and controlled by the timeshare industry.
The truth of the matter is, that under the law, contracts are cancellable for a variety of reasons, including fraud and mistake.
Moreover, a person who is burdened by the obligations of a contract may "terminate" it and no longer be bound by the contract for reasons other than breach.
My office has handled countless such cases.