Sheraton Timeshare Cancellation in 2025

We provide clear, reliable guidance to help you understand your rights and legally cancel your Sheraton Timeshare with proven steps. With over 20 years of experience in the timeshare exit industry, we simplify the process so you can pursue a permanent, legal exit with confidence and avoid any timeshare exit scams. Our job is to protect you from timeshare exit companies that take advantage of owners.

Legal Advisor: Josh Bajer

Last Updated October 22, 2025

Table of Contents

Table of Contents

Sheraton Timeshare Cancellation

How to Get Out of a Sheraton Timeshare

Thinking about getting out of a Sheraton timeshare? You’re not the only one. Owners often reach a tipping point when maintenance fees rise every year, loan payments drag on, or travel plans just don’t fit life anymore. The good news: there are ways out. Some are fast and free (if you act quickly), others take persistence and paperwork. 

This article will guide you to the realistic paths so you can pick the route that matches your situation.

Table Overview: Ways to Exit a Sheraton Timeshare

Option

Speed

Cost

Risk

Reality check

Cancel within the statutory cooling-off period (rescission)

Fast

Postage + basic paperwork

Low

The window is brief and rigid. Use the exact address and method named in your contract and include every required detail.

Brand take-back / deed-back (surrender)

Medium

Modest admin/transfer fees

Medium

Approval isn’t automatic. Accounts typically must be current, and any loan paid off or paid at closing. Get the release in writing.

Hardship review through Owner Services

Medium

Usually none

Medium

Outcomes depend on documentation (job loss, medical bills, etc.). Relief may range from payment plans to a negotiated surrender.

Negotiate a developer release (retention team)

Medium

Varies

Medium

Expect upsell/retention offers first. Be firm about exit goals and insist that any concessions or timelines are confirmed in writing.

Transfer, sell, or gift your interest

Slow

Closing/transfer fees + time

High

Resale demand is uneven. Price to move, clear ROFR rules, and never pay large “marketing” fees upfront. The loan must be settled.

Rent your week/points to offset costs

Ongoing

Platform/processing fees

Medium

Not a true exit, just buys time and can cover maintenance while you pursue a surrender or transfer. Follow usage rules to avoid penalties.

Licensed broker or reputable exit firm with third-party escrow

Medium

Pay at completion (via escrow)

Low

Vet credentials carefully. Avoid big upfront payments; funds should stay in an independent escrow until the transfer is recorded.

Pay off, settle, or refinance the loan as part of the exit

Medium

Payoff/settlement or refi costs

Medium

Clearing or restructuring the loan often unlocks deed-back eligibility or makes a transfer feasible. Confirm terms before sending funds.

Step 1: Check Your Sheraton Timeshare Contract

Before you choose any exit path, sit down with your Sheraton timeshare paperwork and go through it line by line. A careful read now saves weeks later.

  • Confirm your purchase date

This is the anchor for every timeline. If you’re still inside your state’s cooling-off (rescission) window, you may be able to cancel for a full refund. Note the exact date you signed, not just when you toured or paid.

  • Locate the rescission instructions

Find the page often titled “Right to Cancel” or “Notice of Cancellation.” Highlight:

  • How many calendar days do you have
  • The exact delivery method required (e.g., certified mail/return receipt)
  • The address where the notice must go
  • Any wording in the notice must include
  • Inventory the money

List your current maintenance fees, any special assessments, taxes, and every line of your financing (interest rate, servicer, payoff). Staying current on fees often keeps more exit options open.

  • Clarify what you own

Is it a deeded fixed or floating week, points, or trust interest? Ownership type dictates how transfers, ROFR (Right of First Refusal), and surrenders/deed-backs work.

  • Check transfer and surrender rules

Flag any resort/HOA transfer fees, required forms, and whether Sheraton/Vistana must pre-approve a new owner. If you might sell or gift it, note what a closing company will ask for (copy of deed/contract, latest fee statement, IDs).

  • Assemble a clean document kit

Put your purchase agreement, disclosures, addenda, most recent statements, and ID in one folder. If you need a snapshot of status (what’s owed, fees, usage), request an estoppel letter.

  • Create a paper trail from day one

Keep a running log with dates, names, phone numbers, and call notes. Save PDFs of emails, certified-mail receipts, and tracking numbers. Label files consistently so you can retrieve anything in seconds.

  • Draft your cancellation notice now (if within the window).

Prepare a short, unambiguous letter that mirrors the contract’s requirements and includes:

  • All purchaser names exactly as shown
  • Contract/owner number and resort/program name
  • Purchase date
  • A clear statement: “I/we are canceling this purchase effective immediately.” 
  • Print, sign (all purchasers), and mail exactly as instructed; then stop using benefits until you receive written confirmation.

Step 2: Rescind your Sheraton timeshare contract

Rescission is the cleanest path if you are still within your state’s cancellation period. Many states give a short cooling-off period after purchase. It can be only a few days, and the clock starts at signing or receipt of required disclosures. If you act in time and follow the contract instructions word for word, you can complete contract termination without penalty. You must send a timeshare rescission letter to the address listed in your contract. Use the delivery method your contract requires, often certified mail with return receipt. Keep copies of everything. Cancellation policy varies by state and contract, so do not guess. Read the section titled “Right to Cancel,” “Cancellation,” or “Rescission.” If the contract requires specific wording or a certain address, use it exactly as printed. Owners who miss a single instruction can lose the window. You might wonder if a phone call is enough. It is not. Written notice rules the process. Read more here if you need a refresher on how the timeshare cancellation process works. Rescinding is time-sensitive, but if you still want to attempt rescission, here are the steps you can take:

Action steps to rescind your timeshare contract

  • Find the “Right to Cancel” section and note the last calendar day you can mail notice.
  • Write a short letter that states you rescind the purchase, lists your name, address, contract number, and date of purchase.
  • Use the exact mailing address and delivery method stated in your contract.
  • Mail by certified mail with a return receipt, and keep the postal receipt and tracking.
  • Include copies of the front page of the contract and any disclosure forms if requested.
  • Do not return in person unless the contract allows hand delivery and gives a receipt process.
  • Save a complete copy set, including your envelope and receipts, until you receive the refund.
Read more about how the timeshare cancellation process works. Our team can even assist you and teach you how to exit within 5 minutes, absolutely free. Give us a call at (833) 931-6555
⏰ TIME SENSITIVE: If you signed your timeshare contract within a certain time, you can cancel for FREE. Do not wait – your deadline might be TODAY. Jump to Free Cancellation Advice →

Step 3: Work directly with Sheraton to get released from your timeshare

Some resorts offer deed-back or legacy programs. Others route you to a retention department that tries to sell an “upgrade” instead of an exit. Resort exit programs vary widely, and nothing is guaranteed. If the resort will not take it back, you are still on the hook. Watch for “trial offers” that extend your fee timeline with no true cancellation path. 

Timeshare deed relinquishment may be possible, but get every promise in writing and verify that your account will show a zero balance after the transfer. Before you call, decide this. Will you accept a partial solution that still costs money and time? Do not agree to anything under pressure.

Working directly with the resort can be complex, but if you still want to attempt it, here are the steps you can take:

Action steps to work directly with the resort

  • Ask in writing if a deed-back or surrender is available and what the eligibility rules are.
  • Request the full checklist of documents, fees, and processing timelines.
  • Decline upgrades or new contracts that do not result in a full, documented exit.
  • Submit only copies of sensitive documents and strike any blanks in forms you do not agree to.
  • Get a final letter that states your ownership is terminated and no fees remain due.
  • Confirm the resort’s owner portal shows zero balance before you stop payments.
  • Save all emails and letters for your records.

What Our Expert Says

Most owners spend months trying to resell or “one more upgrade” before seeking a real exit. Start with the safest path you qualify for. If you use outside help, protect yourself with escrow so your money is held by a neutral third party until work is finished.

Step 4: Sell your Sheraton timeshare

Most Sheraton timeshare owners struggle to sell. The timeshare resale market is crowded and slow. Listings often sit for months with no verified buyers. Fees, transfer costs, and resort approvals add friction. Many owners meet fake buyers who ask for wire transfers or push phony “closing” services. That is how fraudulent timeshare resale schemes start. 

Even if you find a real buyer, the price is often far below what you paid, and you still carry maintenance fees until the transfer closes. Ask yourself a simple question. If selling were easy, why do so many listings never close? Know this before you try to cancel a Sheraton timeshare through resale: you might spend time and money for little to no result.

Selling is difficult, but hey, if you still want to attempt selling your timeshare, here are the steps you can take:

Action steps to sell your timeshare

  • Gather your contract, latest maintenance fee statement, and point or week details in one folder.
  • Confirm with Sheraton or the managing resort what their transfer requirements and fees are.
  • Price based on closed sales, not wish prices. Search completed listings and owner forums.
  • List on reputable by-owner marketplaces that do not charge large upfront advertising fees.
  • Never wire money to a “buyer” or “closing agent.” Use the independent closing company you choose.
  • Require verified ID and a signed purchase agreement that includes resort transfer approval.
  • Pay all fees only through secure escrow at closing, not before.
  • Keep proof of every message, invoice, and receipt until the resort confirms the transfer is complete.

Step 5: Rent your Sheraton timeshare

Renting is not cancellation. It is short-term relief. You still own it, and fees keep coming. Timeshare rental sites can help offset costs in some years, but competition is strong. Some platforms charge listing fees or take a cut. Guests may cancel, and you may owe taxes on rental income. The risk is simple. If a week goes unrented, you pay the maintenance fee anyway.

Ask yourself. Is short-term relief enough, or do you need a permanent exit? Renting is a bridge, not the destination.

Renting is not cancellation, but if you still want to attempt renting your timeshare, here are the steps you can take:

Action steps to rent your timeshare

  • Read your resort’s rental policy to confirm what is allowed and what paperwork is required.
  • Price is based on season, supply, and what actually books on major platforms.
  • Use platforms that protect both parties with secure payment and clear cancellation rules.
  • List clear dates, occupancy limits, taxes, and house rules in the description.
  • Verify guest identity through the platform and add the guest to the resort reservation.
  • Keep all messages and confirmation numbers until the stay is complete.
  • Set calendar reminders so you do not miss check-ins or change deadlines.

Step 6: Give away your Sheraton timeshare

Gifting can move ownership, but it does not erase risk by itself. If the resort refuses the transfer, you remain liable for maintenance fees. Some owners try to quitclaim deeds without resort to approval. That creates quitclaim deed risks because the resort may not recognize the transfer and can still pursue the original owner. Local and state rules on ownership transfer vary. 

Think about taxes, too. A “gift” with a remaining loan balance or special assessments can trigger costs for the giver or the recipient. Consider this: Do you want to hand a loved one a bill they did not ask for? If the recipient later defaults, the fallout can circle back to you if the transfer was not recognized.

Giving away a timeshare can be risky, but if you still want to attempt giving your timeshare away, here are the steps you can take:

Action steps to give away your timeshare

  • Ask the resort for its written transfer policy, fees, and the exact forms required.
  • Confirm in writing that the resort will accept the new owner if the paperwork is complete.
  • Verify the recipient’s eligibility and address any financing or lien issues first.
  • Use the resort’s deed or assignment forms rather than a generic deed template.
  • File and record documents exactly as instructed and keep stamped copies.
  • Do not stop paying fees until the resort confirms the transfer in writing.
  • Keep a full paper trail that shows acceptance by the resort’s records department.

Step 7: Hire a reputable timeshare exit company to cancel your Sheraton timeshare

Good firms follow a clear process. They audit your Sheraton timeshare contract, confirm facts with the resort, and pursue a documented exit path. The safest payment setup is escrow. Your money sits with a neutral third party and is released only as work is completed. Beware red flags. Big upfront fees, pressure to sign on the first call, promises of guaranteed results, instructions to stop paying without a plan, or refusal to put milestones in writing. Check independent sources, complaint history, and BBB ratings. Read contracts slowly. No one should rush you.

Ask yourself one more question. If a firm says the result is guaranteed, why do they need all the money now? Real solutions are written, trackable, and tied to performance.

Hiring the right help matters, but if you still want to attempt hiring an exit company, here are the steps you can take:

Action steps to hire a timeshare exit company

  • Ask if they use escrow with no upfront fees, and get the escrow terms in writing.
  • Request a written scope of work, timeline, and documents you must provide.
  • Check reviews and complaint history, and verify the business registration.
  • Refuse high-pressure sales. Compare at least two providers before you decide.
  • Confirm they will not tell you to default and that fee relief is part of the plan.
  • Require regular written updates and a named contact you can reach.
  • Keep copies of the signed contract and every email for your records.

Avoid timeshare scams

Scammers know you want out. They pose as buyers, brokers, or “closing companies.” They promise a fast sale and demand fees by wire or gift cards. Some create fake escrow websites. Others spoof the caller ID and email. The FTC has warned repeatedly about fraudulent timeshare resale tactics, including phony buyers and advance-fee fraud. If someone says a corporate buyer wants your exact week at a premium, treat it as a red flag until verified.

Think about this: Why does a real buyer need you to pay them first? Protect your money before you protect your pride.

Scams are everywhere, but if you still want to engage with potential buyers or offers, here are the steps you can take:

Action steps to avoid timeshare resale scams

  • Never pay any buyer or broker before a verified closing in neutral escrow.
  • Independently search the company name with the word “scam” and read complaints.
  • Call the resort to confirm transfer requirements and approved closing agents.
  • Refuse gift card, cryptocurrency, or wire transfer requests.
  • Verify any escrow website through official records and a phone call to the domain owner.
  • Save screen captures of all communications and report suspicious contacts to your state AG and the FTC.

Have MyTimeshareExitReviews.com help guide you in cancelling your Sheraton timeshare

If you want one safe, simple next step, get guided help. We help you connect with vetted timeshare exit companies that offer escrow, so you have no up-front fees. That means your funds are protected while the work is done, not before. You keep control. You get updates. You do not face the resort alone.

If you want a safer way to move forward, here are the steps you can take:

Action steps to get guided help

  • Share your ownership details and preferred outcome through our secure form.
  • Upload your contract cover page and latest maintenance fee statement.
  • We match you with vetted options that use escrow and meet your needs.
  • Review written scopes, timelines, and milestones before you choose.
  • Move forward only when you feel clear and safe. Keep copies of everything.

Frequently Asked Questions

Can I cancel my Sheraton timeshare?

Yes. If you are within your rescission window, you can cancel by written notice. Outside that window, options include deed-back programs, vetted exit help with escrow, resale, or gifting with resort approval.

How long to cancel Sheraton timeshare?

Rescission can be completed quickly if mailed on time. Other paths vary by resort response and paperwork. Expect weeks to months for documentation, transfer approval, and final zero balance confirmation.

What is the Sheraton rescission period?

The rescission period is the cooling-off window set by state law and your contract. It is short and counted in days. Read your contract instructions and mail your notice exactly as written before the final day.

Does Sheraton have a deed-back program?

Some resorts may consider a surrender or legacy option based on status, balance, and demand. It is not guaranteed. Ask for the policy in writing, including fees, required documents, and the final zero balance letter.

Is it legal to cancel a Sheraton timeshare?

Yes. Legal avenues consist of rescission as long as you are within the window, deed-back documented if you are approved, and completed through a respectable provider on an exit contract and escrow. Illegal advice would be to default without a plan or send to counterfeit buyers.

What happens if I stop paying Sheraton?

Missed payments can trigger late fees, collections, and credit damage. The resort may restrict usage. Do not stop without a documented plan and written confirmation of your exit path and obligations.

Conclusion

You have seen every path to Sheraton timeshare cancellation. Rescission is clean if you act on time. Resort deed-back can work in limited cases. Resale is uncertain and slow. Renting is only a short-term relief. Vetted help with escrow provides structure and protection. The longer you wait, the more fees stack up and the more you are exposed to phony buyers and advance-fee tricks.

If you want a safe way forward, take one simple step today. We help you connect with vetted timeshare exit companies that offer escrow, so you have no up-front fees. 

Contact us today. Share your details, get a clear plan, and move toward a real exit with proof at each step. Your future trip budget belongs to you, not to maintenance bills.

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