How to Get Out of Marriott Vacation Club
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How to Get Rid of Marriott Timeshare
There are several ways to cancel your Marriott Vacation Club timeshare, depending on your situation. Here are the options to consider:
- Sell your Marriott Vacation Club timeshare
- Give away your Marriott Vacation Club timeshare
- Work directly with Marriott Vacation Club to explore release options
- Hire a reputable timeshare exit company to help cancel your Marriott Vacation Club timeshare
- Rescind your Marriott Vacation Club timeshare contract if you’re within the rescission period
- Be cautious of timeshare resale scams
In this article, we will go in-depth on each strategy. If you are still within the timeshare rescission period or unsure if you qualify, be sure to check out our rescission resources for guidance.
Sell Your Marriott Timeshare
The first option to consider when looking to cancel your Marriott Vacation Club timeshare is selling it. However, this option is only available if your timeshare is fully paid off. Before proceeding, it’s important to assess how marketable your timeshare is by considering these factors:
- Do you own a points package or a specific week?
- Is your week during a prime location and time?
- Are your points enough to book high-demand reservations with Marriott Vacation Club?
- How much does Marriott Vacation Club charge to transfer ownership?
Selling your timeshare might sound simple, but it is a real procedure. An unprecedented number of timeshare resale companies that will ask you to pay high listing fees, and seem more interesting in collecting those fees than they are actually selling your timeshare. So professional advice is a good idea though it might be challenging to look for and very time taking.
Furthermore, the timeshare resale marketplace is a glutted one with hundreds more listings on than buyers. Some timeshares can be listed for as little as $1 on sites like eBay. You are still responsible for maintenance fees during the listing period, which can be many months or years.
It is also important to observe that timeshares have very bad public reputation since buyers feel they are a high commitment option and this payment model driven most of the potential buyers to alternatives as Airbnb or hotels (which doesn’t present the need for another, continuous expense).
If you are still dedicated to sell your Marriott Vacation Club timeshare, we highly recommend getting in touch with Allied Transfers. They assess your timeshare resale potential and provide cost-effective listing, transfer, and selling options for a fee so you don’t have to do all the work.
Giving Away Your Marriott Timeshare
As convenient as it may seem, donating or giving away your Marriott Vacation Club timeshare is actually one of the most high-risk methods for exiting your timeshare. In the past, you could call friends or your family who would be happy to reclaim it by now. Keep in mind, though, some circumstances or certain developer by-laws of a timeshare (and especially within the states), these will hold you liable as an original owner if the following owner breaches with payments such as maintenance fees or club dues.
You will have a charge from previous fees and dues if you try to transfer the ownership without any proper advice. Long term legal and financial risks associated with this type of fraud can be very messy for the original owner, leaving you holding potential responsibilities that you never expected.
As with any of these steps, we recommend researching whether this is a smart thing to do or not, & speaking with an attorney who knows your specific area very well. This is the riskiest of all Marriott Vacation Club timeshare cancellation strategies, and it should only be done after careful consideration.
Work Directly with Your Timeshare Company
Some Marriott Vacation Club, LLC owners might be inclined to think that contacting Marriott Vacation Club direct to cancel their timeshare is a good approach. Like all timeshare companies, Marriott Vacation Club has a primary fiduciary responsibility to its shareholders — and that means making money. If they allowed you to walk away from your timeshare contract then they would have to cover the cost of your maintenance fees and club dues by going unpaid while they resell your points or weeks.
This may be buried in the fine print of timeshares developers employing internal exit programs, but many admit that they will still attempt to upsell more points or weeks. One quick example is a letter that reads something like: “If you’ve been dissatisfied with your Timeshare experience, then maybe for the right price, you’d be open to making some ‘improvements’ to it.”
If you decide to proceed by contacting Marriott Vacation Club directly, here are some steps to protect yourself:
- Keep everything in writing: Clearly express why you want to cancel your timeshare before calling or submitting an online form.
- Demand acknowledgment: Don’t agree to speak with anyone until your original concerns are recognized and addressed by Marriott Vacation Club.
- Stick to the facts: Be reasonable and factual in your communications.
- Beware of upselling: Timeshare companies may use this process to try and sell you additional points or upgrades.
- Avoid accepting blame: Don’t admit fault or responsibility for any issues during discussions.
- Stay calm and unemotional: Representatives may attempt to upset you, pushing you to make decisions out of frustration.
- Don’t settle for the first offer: If you receive an offer, it’s often not the best one they can provide.
It’s important to note that negotiating directly with Marriott Vacation Club is unlikely to result in a cancellation on favorable terms. The company’s goal is to sell more timeshares, not take them back. If these negotiations fail, it may be difficult for any other party to assist in canceling your contract down the road. Similarly, if you’re looking for guidance on how to cancel a Westgate timeshare, it’s crucial to understand the process and the potential challenges involved in working directly with the developer or exploring other options.
Hire a Reputable Timeshare Exit Company
Hiring a reputable timeshare exit company to cancel your Marriott Vacation Club timeshare can be overwhelming. A simple Google search for “Cancel Timeshare” will show you thousands of companies, each claiming to offer fast, easy, and guaranteed solutions. However, as with any industry, there are great companies, mediocre ones, and outright scams to avoid.
For example, if you need to cancel Vistana timeshare as well, you’ll notice that many companies offer similar promises for various timeshare brands, yet not all deliver on their guarantees.
Here are some tips for finding a trustworthy company to help cancel your Marriott Vacation Club timeshare:
- Check Reviews and Complaints: Always check the reviews and complaints on reputable platforms like Trustpilot to ensure the company has a strong track record.
- Do Your Research: Don’t schedule consultations or meetings until you’ve thoroughly vetted the company.
- Set Realistic Expectations: Understand that timeshare cancellations take time, and the process may not be as fast as some companies promise.
We’ve compiled a list of the top timeshare exit companies to help you make an informed decision. If you’re unsure whether you need an attorney or a traditional exit company, take a look at our detailed guide on how timeshare cancellation works for more insights.
Rescind Your Marriott Timeshare Contract
You will not be able to rescind your Marriott Vacation Club timeshare if it has been some time since the purchase was completed. Not certain you are eligible for the rescission process and wondering if you might still be in your rescission interval period, review our detailed step-by-step guide to cancelling a Marriott Vacation Club timeshare agreement that you’re doing everything correctly.
Avoid Timeshare Resale Scams
Before canceling your timeshare, it’s crucial to identify legitimate timeshare exit providers or timeshare resale companies. To help you make an informed decision, we’ve compiled a comprehensive list of what to look for when dealing with a timeshare resale or exit company:
Marriott Timeshare Resale Disadvantages
Purchasing a Marriott Vacation Club timeshare on the resale market can offer significant cost savings, but it’s essential to be aware of certain restrictions that may apply:
Marriott Rewards Points Conversion: Resale buyers of Marriott Legacy Weeks cannot convert their timeshare weeks into Marriott Rewards Points, which are typically used for stays at Marriott hotels.
Access to Marriott Destination Points Program: Purchasing a Legacy Week through resale does not grant membership to the Marriott Destination Points program. This means you’ll primarily have access to your home resort and won’t benefit from the flexibility to book stays at other Marriott Vacation Club properties using points.
Right of First Refusal (ROFR): Marriott often retains the right to review and potentially purchase any timeshare being sold on the resale market before the sale is finalized. This process can affect the resale transaction, as Marriott may choose to buy the timeshare at the agreed-upon price, preventing the sale to the intended buyer.
Despite these limitations, resale buyers can still enjoy their home resort and may have the option to exchange their timeshare through external networks like Interval International, providing access to a broader range of vacation destinations.
Before making a purchase, it’s crucial to thoroughly research and understand these restrictions to ensure the timeshare aligns with your vacation preferences and expectations.
Marriott Vacation Club Cancellation Policy
Understanding the cancellation policy of Marriott Vacation Club (MVC) is essential for anyone considering or already owning a timeshare with this prominent vacation ownership brand. This section provides a detailed look at the policy, including key points, timelines, and considerations to help owners make informed decisions.
1. Rescission Period for New Purchases
For those who have recently purchased a Marriott Vacation Club timeshare, the rescission or “cooling-off” period is a crucial window of opportunity. This period allows buyers to cancel their purchase without penalties. Key details include:
- Length of the rescission period: The duration varies by state or country but typically ranges from 3 to 10 days.
- Written notification required: Buyers must submit a formal written cancellation request to Marriott Vacation Club within the specified period.
- Refund process: Once the cancellation is processed, any funds paid, including down payments, are refunded in full.
2. Cancellation of Booked Reservations
If you need to cancel a reservation made through the Marriott Vacation Club system, the policy differs depending on the type of booking:
- Points-based reservations: Cancelling a reservation made with MVC points often allows for a full or partial refund of points if done within the cancellation window. However, points may be forfeited if cancellations occur outside the designated timeframe.
- Cash-based reservations: Refund eligibility depends on the terms of the booking, including whether the reservation was non-refundable or had flexible cancellation options.
- Deadline for cancellations: Marriott typically allows cancellations up to 14 days before the check-in date for most bookings, but this varies by property.
3. Annual Maintenance Fees and Cancellation
If you choose not to use your timeshare during a specific year, annual maintenance fees must still be paid. Unfortunately, these fees are non-refundable. However, owners can mitigate losses by:
- Renting out their timeshare to other vacationers.
- Depositing their week with an exchange company like Interval International.
- Banking their points for future use.
4. Exit or Termination of Ownership
For owners who no longer wish to retain their Marriott Vacation Club timeshare, cancellation or exit options can be explored:
- Deedback program: Marriott Vacation Club offers a limited deedback program, where owners can transfer their timeshare back to the company under specific conditions.
- Resale market: Selling your timeshare on the resale market is another option, though prices are typically lower than the original purchase price.
- Third-party exit companies: Be cautious when considering third-party companies. Research thoroughly to avoid scams.
5. Key Considerations When Cancelling
When planning a cancellation, keep the following in mind:
- Documentation: Always retain copies of contracts, receipts, and correspondence for reference.
- Timing is critical: Ensure you adhere to the deadlines specified in your contract or reservation terms.
- Seek professional advice: Consult a timeshare attorney or experienced professional for legal guidance if needed.
Frequently Asked Questions About How to Cancel Marriott Timeshare
Can anyone cancel their Marriott Vacation Club timeshare?
Yes, regardless of how far behind you may be on payments or how dire the situation seems, there are options available to cancel your Marriott Vacation Club timeshare and protect your credit.
How long does it take to cancel a Marriott Vacation Club timeshare?
The time frame for cancellation varies depending on your specific circumstances. In some cases, it may take just a few months, while in others, it could take up to two years. Factors influencing the timeline include:
- The number of timeshare contracts you own
- The financial status of your timeshare
- How long you’ve owned the timeshare
- Any previous steps you’ve taken to cancel your contract
When should I start the process to cancel my Marriott Vacation Club timeshare?
The sooner you begin the cancellation process, the quicker you can free yourself from the ongoing fees and debt tied to your timeshare. We are committed to providing affordable timeshare cancellation services to help you through this process.
How long will it take to sell a Marriott Vacation Club timeshare?
The time to sell your timeshare depends on the type of ownership you have with Marriott Vacation Club and how appealing your offer is to potential buyers.
One of the quickest ways to sell your timeshare is to list it for as low as $1.00 through a reputable timeshare resale company and pay the transfer fees. However, even with this strategy, it may take months or even years to find a buyer.
What companies will cancel Marriott Vacation Club timeshares?
At Linx Legal, we believe we are the best option for anyone looking to cancel their Marriott Vacation Club timeshare. Contact our team today and discover why many trust us as their go-to timeshare exit company.