How to Cancel Soleil Management Timeshare: A Complete Guide
Chances are if you have a timeshare with Soleil Management, you want to get rid of it. They might have actually looked appealing given the promise of swanky vacations at fresh resorts. In reality, though, you come to see that timeshare contracts with their increasing fees and lifetime of commitments actually do not meet your financial or lifestyle needs.
In this guide, we are going to explain how you can cancel your Soleil Management timeshare, including the process and the policies as well as what it means legally. No matter where you are in the timeshare ownership journey, whether still relatively new to your contract or several years into it, this guide will cover all of the steps and considerations needed for exiting successfully.
Why You Might Want to Cancel Your Soleil Management Timeshare
But before we get into how to cancel, you should have a partial understanding of why so many owners are looking to cancel their Soleil Management timeshare:
- Maintenance Fees Keep Going Up: The vast majority of those who wish to get out of a timeshare contract are in that position because their maintenance fees have started rising, and are managing to make the annual invoice more onerous.
- Fixed vacation flexibility: The big selling point for timeshares is their promised flexibility, but owners often report that this flexibility isn’t what it’s cracked up to be — especially when blackout dates and limited booking options are thrown into the mix.
- Lack of Use Over Time: Eventually for any number of reasons such as health problems, family changes or financial struggles you stop using the timeshare and the cost is no longer worth it.
- Financial Strain: Most timeshare contracts include clauses that expect owners to make payments even if the property is not being used, leaving some owners in severe financial distress.
Identifying these rationales will allow you to reinforce your own rational and frame your thoughts when deciding about the cancellations.
Understanding Soleil Management’s Timeshare Cancellation Policy
Soleil Management, as with any timeshare company, has its own set of rules when it comes to canceling a timeshare. Though these policies and processes can vary contract to contract and site by site, they usually include:
- Rescission Period: A legally required period of time within which you can cancel your timeshare contract with no penalties. Depending on the contract, an adequate amount of time should be 3–14 days in this period.
- After Your Rescission Period: When the rescission period is over, canceling your timeshare becomes much more difficult. There are some options remaining, though they may require you to pay a fee or hire a legal professional to help with your timeshare exit.
You should review your timeshare agreement and understand the cancellation policies of Soleil Management because they will determine what options work for you.
How to Cancel Soleil Management Timeshare During the Rescission Period
If you’re still within the rescission period, your path to cancelling your Soleil Management timeshare is relatively straightforward. Here’s how to do it:
- Review Your Contract: Confirm the rescission period in your timeshare contract. This time frame typically begins the day after signing the agreement or the day you receive the final copy of your contract.
- Write a Cancellation Letter: Draft a formal cancellation letter. Be sure to include your name, contract number, and a clear statement that you wish to cancel the contract under your right to rescind.
- Send Via Certified Mail: Always send the cancellation letter via certified mail to ensure you have proof of delivery. Keep copies of the letter and the mailing receipt for your records.
- Follow-Up: After sending the letter, follow up with Soleil Management to confirm they’ve processed your cancellation. Get this confirmation in writing.
During the rescission period, you should not face any penalties for canceling, and any deposits or payments you made should be refunded in full.
Steps to Cancel Soleil Management Timeshare After the Rescission Period
If you inadvertently missed the rescission window, whatever you do, DON’T FREAK OUT! There are still ways to cancel outside this window, it is just more complicated:
- Contact Soleil Management: The first step you should take is to contact Soleil management. In fact, a few companies do provide buy-back schemes or transfers as an exit route. Do not be surprised if there is a negotiation process.
- Get Legal Help: If you are unsure of your rights or if the company is not willing to cooperate with you, you need a lawyer who specializes in timeshare law to review your contract and advise your legal options.
- Professional Timeshare Exit Companies: Professional timeshare exit companies such as CancelTimeshareGeek is specialized in helping owners to exit their timeshare agreement. These services often have the know-how and contacts that make them successful in terminating contracts, especially when it comes to exiting after the rescission period.
Fees and Penalties for Canceling a Soleil Management Timeshare
If you are outside of the rescission period, there may be fees and penalties associated with canceling a timeshare.
- Cancellations & Early Termination: Some contracts may include clauses that require payment for early termination. These fees can vary depending on how long you’ve owned the timeshare and other contractual terms.
- Except for Payment of Outstanding Maintenance Fees: If there are maintenance fees or other amounts you owe, Soleil Management does not have to let you cancel the contract until those amounts are paid.
- Legal Fees: Legal fees may be involved if you choose to go to small claims court or retain an attorney as part of the cancellation process.
Legal Options for Canceling Your Soleil Management Timeshare
If negotiating directly with Soleil Management bears no fruit, you may want to consider other options, including:
- Contract Disputes: A timeshare law attorney may be able to pinpoint various breaches of contract or underlining consumer protection breaches. If the terms or the property were misrepresented by the company, you might be able to challenge the contract.
- Class Action Suits: In other instances, groups of timeshare owners file class action suits against timeshare companies. These lawsuits can result in relief of providing for cancellations or settlements on a company that responds due to the pressure from courts.
How to Work with a Timeshare Exit Company for Soleil Management
Good for those who are trying to cancel their Soleil Management timeshare, timeshare exit companies such as CancelTimeshareGeek. Here’s how to work with one:
- Consultation: This is where the natural process starts, you get a free consultation to evaluate your own case and what are the right approaches to take.
- Contract Review: A company you are exiting with might review your contract for loopholes, breaches, or misrepresentations in the agreement which could be used to cancel it.
- Negotiation: They will then take on all negotiations directly with Soleil Management, and if need be threaten them with legal direct action.
- Exit Plan: Our company offers an exit plan designed just for you, we will walk you through it step-by-step until your subscription automatically cancels all the way.
Common Challenges When Canceling a Soleil Management Timeshare
Timeshare rescission is not an easy job. Common challenges include:
- Company Pushback: Soleil Management may simply be unwilling to withdraw the contracts or create impediments, like increased fees.
- Legal Jargon: Timeshare contracts are among the most confusing and legal mumbo jumbo documents that can leave an owner wondering what his rights are without professional involvement.
- Emotional Stress: The act of timeshare cancellation can be a burden, especially if it is due to the need for money.
Avoiding Scams When Canceling Your Soleil Management Timeshare
The timeshare exit industry is rife with scams however. To protect yourself:
- Do Your Own Research: Make sure, learn before working with any Exit Company. Seek reviews, BBB accreditation, and a history of performance.
- No Upfront Fees: The reason is that a credit repair company who asks for big upfront expenses can be avoided. Most legitimate exit companies get paid on a success-based basis.
- Consult with a timeshare lawyer: If you have the notion that something is not right, consult a timeshare lawyer before making any other convenience.
