How to Cancel Hyatt Residence Club Timeshare

Many owners feel trapped in rising fees, unused weeks, and contracts they no longer want. Whether you’ve just bought in or have owned for years, getting out of your Hyatt timeshare can feel confusing and risky if you don’t take the right steps.

There are a few ways to exit your Hyatt timeshare:

Use your legal rescission period (if still active)
Rent or sell it on the resale market
Transfer or gift it to someone
Ask Hyatt Vacation Club for a release
Hire a trusted exit company
Avoid scams and fake offers

This guide breaks down each method, shows what works and what doesn’t, and explains the real costs and risks involved.

If you’re looking to cancel a Hyatt Residence Club timeshare, here’s what you need to know.

Ways to Cancel a Hyatt Residence Club Timeshare

Method	Cost	Risk Level	Timeline	Works for Paid-Off?	Expert Help Needed
Rescission (cooling-off)	Free	Low	1–4 weeks	Yes	No
Sell it	Low–High	Medium	Months–Years	Yes	Often
Give it away	Free–$	High	1–6 months	Yes	Yes (legal review)
Work with the Hyatt Resort directly	Free–$	High	3–12 months	Yes	Usually
Hire an exit company/law firm	$$$	Low	3–18 months	Yes	Yes (vetted only)

Use the Rescission Period (Only for New Purchases)

New buyers get a short “cool-off” window set by each state. If you bought within this window and have not used the week, you can walk away with no fee.

Rescission days by state

State	Days to Cancel
Florida	10
California	7
Colorado	5
Hawaii	7
Nevada	5

Step-by-step to rescind a Hyatt contract

Write a short letter that states you “revoke and rescind” the purchase.
Include names, contract number, and purchase date.
Send by certified mail to the address in your contract.
Keep copies and the mail receipt.
Confirm refund of deposit in writing.

Still within rescission? Act now! You may be able to cancel for free.

Sell Your Hyatt Timeshare

Check the market value first

Hyatt points sell for far less than retail. Online listings show most asking prices under $1,000, and some owners give them away just to escape dues.

Why eBay and RedWeek often fail

Buyers scroll past Hyatt ads because the club can exercise the Right of First Refusal. They match any outside deal, so bidders rarely bother.

Transfer fees you must pay

Expect a $500 transfer fee plus closing costs like recording and title insurance.

Never pay an upfront “advertising” fee. The FTC warns that schemes guaranteeing a buyer usually vanish with your money.

When resale makes sense

If your mortgage is paid, dues are current, and you want out quietly, resale can work.

Get a free valuation before listing, and avoid wasting time.

Real-world resale example

On RedWeek this spring, a two-bedroom Hyatt Piñon Pointe week listed for $900 sat unsold for four months. The owner finally accepted $1 and paid the buyer’s closing costs just to escape $1,800 a year in dues.

Free venues to try

Timeshare Users Group Bargain Basement
Facebook owner groups
Timeshare Owners swap thread

Even on these sites, be ready to cover the $500 Hyatt transfer fee.

Renting Your Hyatt Timeshare

Renting can offset dues when you need a short breathing space before an exit.

List on RedWeek or the Hyatt Owners Facebook page.
Price at least 20 % below Hyatt’s cash rate for the same dates.
Use a simple rental agreement and collect payment through PayPal Goods & Services.

Beware of fake renters who send “overpayment” cheques and then ask for a refund. The cheque will bounce weeks later, leaving you liable.

Give It Away (The Hidden Risks)

Why gifting is hard?

Charities decline timeshares due to endless dues. Even family may refuse once they learn about rising maintenance fees.

Legal liability

If you sign the deed to someone in Florida, you stay liable until the county records the change and the resort approves. Chapter 721 lets the association chase you if the new owner defaults.

What could go wrong

A transferee who stops paying drags you into collection calls and hits your credit. Use a licensed attorney for deed prep and recording.

Good use case

Gifting can help if a close relative truly wants the points and signs a notarized assumption of debt.

Work Directly With Hyatt Vacation Club

Legacy program and limits

Hyatt offers an Exit Specialist desk that reviews hardship cases. They may accept a deed-back, but only if dues are current and no loan remains.

Internal retention tactics

Owners report being steered toward upgrades, not exits. Upgrades add more points and debt instead of relief.

Steps if you try this

Email owner: services@hyattvacationclub.com.
State hardship and request written deed-back terms.
Record every call.
Insist on final release documents.

Once you contact Hyatt, it may limit your ability to work with exit companies later. Keep proof of every exchange.

Hire a Timeshare Exit Company or Law Firm

If you owe a mortgage, are past due, or Hyatt refuses a deed-back, professional help is often the only road out.

Legal cancellation vs transfer

Cancellation voids the contract; transfer just moves it. Each path has different costs and timelines.

Red flags to avoid

Upfront fees without escrow
“Money-back guarantee” without a bond
No BBB record or legal counsel

BBB and consumer advocates stress using escrow so that funds are released only when the exit is confirmed.

Why escrow matters

Escrow keeps the exit company honest and blocks surprise charges. Always ask who controls the escrow account.

MyTimeshareExitReviews helps you connect with vetted timeshare exit companies that offer escrow, so you have no up-front fees.

Contact us so we can connect you with a verified exit company.

Avoid Timeshare Exit & Resale Scams

Fake buyers, forged escrow letters, and phony “government” calls cost owners millions. The FTC cites recent cases where callers demanded wire payments, then vanished.

Signs of fraud

They found a buyer “ready to close.”
They need a wire fee today.
They claim to be from a foreign title company.

If you have already paid, file a complaint with the FTC and your state AG at once.

Scam Red Flags Checklist

Tick each box. If any is true, walk away:

The caller says they already have a buyer willing to pay above market.
You must wire a “Mexican transfer tax” today.
The agent refuses escrow or credit card.
The email address is a free Gmail account.
They claim to be “government-approved” but cannot name the agency.

Print this list and keep it by your phone. One owner in Arizona lost $9,400 to a wire scam that used a fake Hyatt logo in the letterhead.

Cost to Cancel a Hyatt Timeshare

Method	Typical Cost	Why the range?
Rescission	Postage only	The window is short
Resale	$0 – $2,000	Broker, transfer fees
Legal Cancellation	$4,000 – $8,000	Debt size, contract count
Transfer Service	$3,000 – $6,000

Exit companies quote an average of $5,000, but large mortgages can drive fees past $10,000. Costs swing based on points owned, unpaid balances, and state laws.

What drives the price up?

Mortgage balance: lenders demand payoff first.
Delinquent dues: Hyatt adds late fees plus 18 % interest.
Number of weeks: Each contract needs its own release letter.

Payment options

Pure escrow: Full fee sits with a licensed agent until Hyatt files the release.
Installments: Pay 25% on signing, the rest after milestones.
Hybrid: Small retainer plus escrow balance.

Choose escrow whenever possible to stay safe.

Step-by-step timeline for a Hyatt Vacation Club exit

Intake (Week 1-2): Exit company reviews documents, orders estoppel.
Legal prep (Month 1-3): Draft demand letters, dispute debt if needed.
Negotiation (Month 4-12): Company pushes Hyatt for release or deed-back.
Recording (Month 12-18): Deed is signed, county records, and estoppel closed.
Confirmation (Month 18-24): Hyatt updates system, escrow releases funds

Frequently Asked Questions

Can I cancel my Hyatt timeshare if I’m behind on payments?

Yes. You can, but you may need legal help because Hyatt can send the debt to collections and block simple transfers.

What if I inherited a timeshare?

Heirs can disclaim the property or use a deed-back, but they must act before taking any benefits to avoid liability.

Can I just stop paying?

You can, yet Hyatt may report late fees, sue, or foreclose, hurting your credit for years.

Can Hyatt sue me if I stop paying?

Yes. Timeshare foreclosure suits in Florida and California move fast and tack on attorney fees.

Should I use a lawyer instead of an exit company?

A lawyer is vital when you face a lawsuit or a large loan balance. If dues are current, a reputable exit company with escrow can be cheaper.

Does Hyatt Vacation Club offer a cancellation policy after rescission?

Only through hardship review or deed-back. No automatic refund once rescission passes.

Will a Hyatt Vacation Club exit hurt my credit?

Proper cancellation avoids marks. Defaulting first will show 90-day late entries

Conclusion

New buyer: Use rescission.
Paid-off owner: Try resale or a Hyatt deed-back first.
In debt: You likely need a legal exit with escrow.

Need help deciding? Contact us for a free timeshare exit plan tailored to your Hyatt contract.

When you know your facts, you control the outcome. Act while options are open, keep every promise in writing, and never hand cash to strangers. Safe exits may take patience, yet peace of mind is worth it. Your vacation future should feel light again. Start today and be debt-free.

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