TIMESHARE CANCELLATION


There are many legitimate vacation or timeshare companies, but you need to be aware of the less scrupulous timeshare companies in Mexico.

We know how attractive a timeshare in Mexico can sound, owning a vacation spot at a beautiful Mexican beach resort is a dream come true. The salesperson makes timeshare ownership so enticing; it is almost impossible to resist. Although there are legitimate companies offering excellent services and benefits to timeshare buyers, you must be aware of the unscrupulous companies who are not looking out for your best interest.

If you decide to buy a timeshare in Mexico, we recommend you consider the following before signing any contract.




PROTECT YOUR INVESTMENT

Take time to understand the monthly expenses of a timeshare, such as maintenance fees which seem to increase each year, ask your salesperson if there is a cap on these fees and make sure it is documented in your contract.

Speak to other timeshare owners about the property.

Compare the resort to others, amenities, maintenance fees, and availability.

Do not allow the salesperson to pressure you into signing anything in haste.

Make sure any promises and gifts are included in the contract.

Do not sign Spanish only documents without prior legal advice


YOUR TIMESHARE CONTRACT MUST INCLUDE

Obligations and benefits of the timeshare purchase

The name and address of the sales representative

Details of all costs associated with the deal, maintenance fees, taxes, and any other expenses

Any verbal promises made by the salesperson


TIMESHARE CANCELLATION


We suggest that you contact PROFECO (www.gob.mx/profeco/documentos/concilia-desde-el-extranjero?state=publisged), the Mexican equivalent of Consumer Protection Agency of the Government and file a request to cancel. Be patient and persistent as almost every contract is cancelled as Time Share vendors rarely respect the law in regard to compliance of their contracts or use unfair marketing and sales strategies to sell their products.