COVID-19 Pandemic Not a Reason for Timeshare Cancellation
A leader in the Timeshare Exit(*) industry clarifies that the COVID-19 Pandemic is not a Reason for Timeshare Cancellation.
(*)Timeshare Exit companies have come underfire for not working, not getting people out of their timeshare contracts but generally cost more than 10 times more then just selling thier timeshare through a ligitement Timeshare Resale Company such as The Timeshare Network LLC.
In light of the recent Coronavirus (COVID-19) pandemic, Timeshare Exit companies have experienced an influx in timeshare owners seeking to cancel their contracts due to travel bans and health concerns.
“I wanted to clear up a misconception about timeshare owners looking to solely cancel their contracts due to the current health pandemic,” commented a leader in the Timeshare Exit industry “You cannot cancel your timeshare based only on this reason.”
While you may cancel your timeshare contract for a few valid reasons, the Coronavirus (COVID-19) pandemic is not a valid reason, nor are the public travels bans affecting communities in the United States, as well as other countries.
Certain contractual obligations may be nullified in the wake of the COVID-19 pandemic, depending on the stipulations outlined in a given legal document.
Some contracts contain a cancellation clause known as “force majeure.”
'Force majeure' is a French phrase and it translates literally to ‘superior force,' some older contract use the phrase 'Act of God'.
In simple terms the contract will say that you're still being held to the terms of the contract even through 'acts of God'.