Manhattan Club Timeshare Cancellation
Do you want to get rid of a Manhattan Club Timeshare? Did you feel like you were victim to a Manhattan Club Timeshare scam? And now you’re probably wondering how you can opt for Manhattan Club Timeshare cancellation options, and if that’s even possible at this point. If you feel lured into a scam and made this purchase, do not panic! There are still other options on how you can exit your Manhattan Club Timeshare. And our expert team can help! Please fill out a free consultation form on the right of the page to get started, or initiate a Live Chat with one of our specialists.
Manhattan Club Cancellation Policy
The rescission law applies to all timeshare owners under the Truth in Lending Act (TILA). If you recently purchased a Manhattan Club Timeshare, then legally you have the right to exit your contract. An average rescission period can last 3-10 days, sometimes even 30 days depending on the state rescission laws. This is why we strongly encourage you to look into the rescission laws of the state you purchased your timeshare in. Determining that rescission period will help our team select the best option for you to proceed with your Manhattan Club Timeshare cancellation.
We suggest reading through your contract to search for the Manhattan Club Timeshare Cancellation Policy; which is typically at the beginning or end of the agreement. A few companies require you to submit a signed hard copy of your request. Another tip our team would like to share with you is to purchase expedited mail. Numerous verified Manhattan Club Timeshare reviews have stated how the timeshare company did not wish to honor their request due to receiving their documents after the rescission period.
Background on the Manhattan Club Timeshare Lawsuit
As you may know already, the Manhattan Club Timeshare lawsuit took place on August 16, 2017. On this day New York Attorney General Eric T. Schneiderman announced a $6.5 million settlement with the owners and operators of the Manhattan Club Timeshare. The settlement obliges the operators of the Manhattan Club Timeshare company acknowledge that they repeatedly misled their share owners. Whether it was about the club’s reservation process, Manhattan Club Timeshare resales, or the details of the club’s state-approved offering plan.
The terms of settlement necessitate a compensation of $6.5 million made eligible to timeshare owners. Additionally, it is required that the owners and operators should be banned from the timeshare industry and renounce management. All sponsor-appointed officers and directors will have to relinquish their position on the board of Timeshare Association.
The investigation into Manhattan Club was initiated in 2004 after repeated complaints to the Attorney General. Apparently, the share owners who paid thousand of dollar in bids to become “owners” were unable to make reservations. The claims stated that hotel operators would show the room’s unavailability upon timeshare owners’ attempts to make a reservation. While operators would distract timeshare owners, the Manhattan Club Timeshare company was continuously renting rooms to general public through the internet.
Timeshare Exit Companies
At this point, Bluegreen (the new Manhattan Club Timeshare owners) hasn’t released any well-etched plans for the exit process. However, a bit of digging around by our team revealed some interesting insights. Bluegreen runs a point-based timeshare operation for 212,000 owners who have access to 43 Bluegreen resorts and 24 associate resorts. Selling your property on the resale market is an option in case your Manhattan Club Timeshare cancellation goes unplanned.
While EBay or Craigslist are popular choices to resell your timeshare property, it can be quite a frustrating process. Google pages are rampant with “Manhattan Club Timeshare for Sale”, multiple links for bids as low as $1, and $0. If you opt for a resale option, consider a resale company that does not charge high closeout costs or any additional fees. Our team suggests working with exit companies that have a no up-front fee escrow option to avoid any of the mentioned dilemmas.
The Manhattan Club Timeshare Company has made quite the noise in the timeshare industry. Given their reputation, it is quite possible for timeshare exit companies to try and charge you a large up-front fee. It is recommended to consult the primary timeshare company i.e. Bluegreen Vacations and determine if they’d take the timeshare back. However, if the primary company does not agree do not worry. Since our team has prepared a list of questions in order to assess the reputability of timeshare exit companies. When dealing with any Manhattan Club Timeshare exit, never accept the first quote they try to offer you. Negotiate effectively and bargain to lower the initial price.
Our team is notified every day about new timeshare scams. Read over our website to learn more about some of the scams that continue to develop each day. For a personalized free exit consultation reach out to us via Live Chat or fill the contact form on the right. Our team will connect you with a reputable timeshare exit company that will not charge any large up-front fee. With hundreds of timeshare scams reported every year, it is acceptable to feel cautious and skeptical. There are just too many predator frauds out there. Don’t be another victim, protect yourself today!