Getting Rid of a Mexican Timeshare

The legal system in Mexico is very robust. There are rescission laws, which protect buyers from dubious timeshare providers. Non-citizens cannot buy a timeshare within 50 kilometers of an international border. Timeshare companies are also regulated by the Federal Attorney for Consumer Protection. Attorneys from the Centerstone Group have a comprehensive understanding of timeshare laws in Mexico.

Requirements to sell a Mexican timeshare

When selling a timeshare in Mexico, it’s important to be aware of the local laws and procedures, as well as the timeshare resort’s policies. Typically, you cannot sell your timeshare without first visiting the resort to inspect it and verify any promises made during the sales presentation. While most timeshares in Mexico are right-to-use, this does not mean you are safe from foreclosure. If you default on payments, the resort can file for credit agencies, pursue you in court, or turn your debt over to a collection agency.

Some services offer to finance the sale, making it easier to sell a timeshare in Mexico. Obviously, this costs money, so you will need to have some cash available up front. Also, you should create a contract that clearly states what you will do with the timeshare. It’s a good idea to have a lawyer or broker review your contract. Make sure you have good photos and write up your advertisements properly.

Ways to get a full refund after canceling a Mexican timeshare

The Federal Consumer Protection Law in Mexico states that timeshare contracts can be canceled with no penalty within five days. In most cases, timeshare companies have to honor this five-day cancellation period or refund the buyer’s money. However, if you are unable to return the timeshare for any reason, you may want to contact a Mexican attorney.

First of all, it’s important to know that canceling a timeshare contract in Mexico is complicated and time-consuming. You will have to follow certain procedures, including sending a certified letter to the timeshare company stating that you have decided to cancel your timeshare in accordance with Mexican law. If you don’t do this, you risk being charged for fraudulent charges. Know about Getting rid of a mexican timeshare

Another way to get a full refund after cancelling a Mexican timeshare is to file a complaint with PROFECO, the government agency in Mexico that enforces timeshare law. PROFECO has the authority to issue judgments against resorts, but the process is complex and requires an attorney in Mexico.