How to cancel a Palace Resorts timeshare

Leading Palace Resorts Timeshare Cancellation Company

Since 2009, we’ve successfully helped thousands of clients cancel their Palace Resorts timeshare contracts. Guided by our motto, “Only the Best is Good Enough,” we are committed to providing outstanding service and proven results. Unlike the many new timeshare cancellation companies appearing in 2025, we bring over a decade of trusted experience to every case. Take the first step toward freedom today, and let us help you confidently exit your Palace Resorts timeshare.

How to Cancel Palace Resorts Timeshare

There are several ways to cancel your Palace Resorts timeshare. Your options include:

Selling your Palace Resorts timeshare
Gifting your Palace Resorts timeshare
Working directly with Palace Resorts to obtain a release
Hiring a reputable timeshare exit company to handle the cancellation
Rescinding your Palace Resorts timeshare contract (if eligible)
Avoiding common timeshare resale scams

In this article, we’ll explore each strategy in detail. If you’re still within the timeshare rescission period or unsure whether you qualify, be sure to check out our timeshare rescission resources here.

Sell Your Palace Resorts Timeshare

One option to consider when looking to cancel your Palace Resorts timeshare is selling it. However, this is typically only possible if your timeshare is fully paid off. The first step is to determine how marketable your timeshare is, which requires an honest assessment of a few key factors:

Do you own a points package or a fixed week?
Is your week during a prime location and peak season?
Are your points sufficient to book high-demand reservations with Palace Resorts?
What fees does Palace Resorts charge to transfer ownership?

While seeking professional advice can be helpful, it’s important to proceed with caution. Many timeshare resale companies charge hefty upfront fees just to list your timeshare, often prioritizing these fees over actually selling your property.

Another challenge is the oversaturated timeshare market. There are far more timeshares for sale than there are interested buyers, which is why you’ll often see listings for as little as $1 on sites like eBay. Keep in mind that while your timeshare is on the market, you’ll still be responsible for paying maintenance fees.

Timeshares also face a stigma due to their negative reputation. Many travelers now prefer flexible options like Airbnb or traditional hotel bookings, avoiding the long-term financial commitment of timeshare ownership—especially with maintenance fees that tend to increase over time.

If you’re still determined to sell your Palace Resorts timeshare, we recommend reaching out to Allied Transfers. They offer a realistic assessment of your chances of selling, provide transparent information about transfer costs, and handle the entire process. Based on our experience, they offer one of the most affordable and hassle-free solutions for listing, transferring, and selling timeshares.

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Giving away your Palace Resorts Timeshare

While giving away your Palace Resorts timeshare might seem like a simple and hassle-free option, it’s actually one of the riskiest ways to get rid of your timeshare. This approach often involves trying to find friends or family members willing to take over ownership. However, many states—and even timeshare developer by-laws—can hold the original owner legally responsible if the new owner defaults on payments, such as maintenance fees or club dues.

This means that attempting to cancel your Palace Resorts timeshare without the right legal guidance could lead to long-term consequences, leaving you financially liable even after you think you’ve transferred ownership. Because of these potential risks, we strongly recommend consulting with an attorney before pursuing this route. It’s always better to be informed and protected when making decisions that could affect your financial future.

Work directly with your timeshare company

At first glance, working directly with Palace Resorts to cancel your timeshare might seem like a smart move. However, this approach can be risky for most timeshare owners. Keep in mind that Palace Resorts’ primary obligation is to its shareholders, which means their goal is simple: generate more revenue. By agreeing to release you from your contract, they’d be taking on the financial responsibility for your maintenance fees, taxes, and club dues—at least until they can resell your timeshare points or weeks to someone else.

If you dig into the fine print of most timeshare developers’ websites, you’ll notice that their so-called “take-back” or internal exit programs often come with a catch. In many cases, they’ll still try to upsell you on more points or weeks under the guise of offering a solution. This is a tactic seen across the industry; for example, some companies that claim to help you cancel Canadian timeshare employ similar strategies that ultimately serve their bottom line rather than providing a genuine exit option.

It may sound surprising, but their logic is straightforward: if you’re looking to exit your timeshare, they assume you’re dissatisfied with some aspect of their program—and they’ll use that as an opportunity to pitch you something “better.”

If you decide to reach out to Palace Resorts directly, here are some steps to protect yourself from getting roped into more fees or debt:

Keep all communication in writing and clearly explain why you want to cancel your timeshare before making any calls or submitting online forms.
Don’t agree to speak with anyone until Palace Resorts acknowledges your original concerns.
Stick to the facts and be realistic about what you expect from them.
Be prepared for sales tactics—they’ll likely try to convince you to buy more instead of helping you cancel.
Avoid admitting fault or taking responsibility for anything related to your timeshare situation.
Stay calm and composed during conversations, as their representatives are often trained to provoke emotional reactions that can lead to impulsive decisions.
Don’t accept the first offer—if they make one, there’s usually room for negotiation.

Ultimately, trying to negotiate directly with Palace Resorts can feel like an uphill battle. Their business model is built around selling timeshares, not taking them back, as that cuts into their profits. Also, if your negotiations fail, it may become even more difficult for a third party to help you cancel your timeshare down the line. So, proceed with caution if you choose this route.

Hire a Reputable Timeshare Exit Company

Finding a reputable timeshare exit company can feel overwhelming. A quick Google search for “Cancel Timeshare” will bring up thousands of companies, all claiming to offer fast, easy, and guaranteed solutions to get you out of your Palace Resorts timeshare. The reality is, just like any industry, there are trustworthy companies—and then there are scams you’ll want to avoid at all costs.

To help you find a reliable timeshare exit company, here are some key recommendations:

Check Reviews and Complaints: Do your research on sites like the trustpilot to see what other customers have experienced.
Don’t Rush Into Consultations: Hold off on scheduling meetings until you’ve thoroughly vetted the company.
Set Realistic Expectations: Understand that canceling a timeshare takes time and comes with costs, so be wary of promises that sound too good to be true.

To make your search easier, we’ve put together a list of the top timeshare exit companies based on their track record and customer feedback. If you’re unsure whether you need legal assistance or a traditional exit company, be sure to check out our guide on how timeshare cancellation works. It’ll help you figure out the best path for your situation. Additionally, if you own a Villa del Palmar timeshare, you can learn more about your specific options in our detailed guide on how to cancel Villa del Palmar timeshare.

Rescind Your Palace Resorts Timeshare Contract

Rescinding your Palace Resorts timeshare is only an option if you’ve recently made the purchase. If you’re unsure whether your timeshare qualifies for the rescission process or you think you might still be within the rescission period, be sure to check out our step-by-step guide on how to rescind your Palace Resorts timeshare contract. It will walk you through everything you need to know to get started.

Avoid timeshare resale scams

Before moving forward with canceling your timeshare, it’s crucial to identify trustworthy timeshare exit providers or resale companies. To help you make an informed decision, we’ve put together a comprehensive guide outlining the key factors to consider when choosing a reputable timeshare resale or exit company.

Frequently Asked Questions About How to Cancel Palace Resorts Timeshare

Can anyone cancel their Palace Resorts timeshare?

Yes, regardless of how challenging your situation may be—even if you’re behind on payments—there are options available to cancel your Palace Resorts timeshare and protect your credit.

How long does it take to cancel a Palace Resorts timeshare?

The timeline varies depending on your unique situation. In some cases, it may take just a few months, while more complex cases can take up to two years. Factors that influence the cancellation process include the number of contracts you own, your timeshare’s financial status, how long you’ve owned it, and any steps you’ve already taken to cancel.

When should I start the process to cancel my Palace Resorts timeshare?

The sooner you start the cancellation process, the sooner you can free yourself from the financial burden of maintenance fees and debt. We’re committed to offering affordable timeshare cancellation services to help you get started as quickly as possible.

Which companies can cancel Palace Resorts timeshares?

We believe we’re the best choice for anyone looking to cancel their Palace Resorts timeshare. Reach out to our team today to learn why so many people trust us to help them successfully exit their timeshare contracts.