How To Cancel Vacation Village Timeshare

High fees and booking hassles can turn ownership into stress, so it’s worth learning how to cancel a Vacation Village timeshare. You may decide to:

Use your legal rescission period (if still active)
Sell the timeshare on the resale market
Rent it out for short-term relief
Transfer or gift it to someone you trust
Request an in-house release from Vacation Village Resorts
Hire an escrow-secure timeshare exit company
Stay alert to scams and fake resale offers

In this guide, we’ll break down every option, the real costs, the legal risks, and the proven fixes, so you can choose safely.

If you’re looking to cancel a Vacation Village timeshare, here’s what you need to know.

Ways to Cancel a Vacation Village 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 Vacation Village 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)

Immediately after buying a Vacation Village timeshare, you may have a short, state-mandated rescission (cooling-off) period to cancel with no penalty. This varies by state (typically 3–15 days).

For example, Florida law grants 10 days from contract signing, Texas allows 5 days, and many others fall in between.

Check your contract: it should highlight your state rescission window.

Step-by-Step:

If you’re still within your rescission window, act immediately. Carefully read your contract to confirm the deadline. Draft a formal letter stating your intent to cancel, including your name, contract number, and purchase date.

Mail it to Vacation Village by certified mail with a return receipt. You can use our General Resorts Rescission Letter Template to ensure all legal wording is correct.

Don’t hesitate if you miss the deadline, you lose this “get-out-of-contract-free” card.

Still within rescission? Act now, you may be able to cancel for free.

Sell Your Vacation Village Timeshare

Selling can seem logical, but timeshare resale markets are very weak. Most Vacation Village timeshares depreciate dramatically. In practice, owners often have to list at a tiny fraction of the original cost, sometimes literally $1 or $2 online. Expect to wait many months, and competition is fierce. If you decide to sell, price it realistically (often far below what you paid).

Evaluate market value: Research recent sales of your exact resort and week/points type. Use free sites like RedWeek or Timeshare Users Group (TUG) to compare.
List in the right places: Use reputable listing sites (e.g. TUG, RedWeek) or Where to List Your Timeshare for Free for exposure. Beware services that charge high listing fees with no guarantee.
Watch for scams: Some “resale services” may demand large upfront fees or promise quick sales that never materialize. Never pay big money before a sale.
Transfer fees: If you find a buyer, Vacation Village may charge a title transfer or deed fee. Budget for that in addition to closing costs.
When selling makes sense: Only owners who’ve paid off their loan and can afford to wait should try selling. If you still owe money or need out fast, selling may not work and could leave you stuck.

Some owners think skipping payments will force a sale, but this triggers collections and possible foreclosure. Stopping payments can ruin credit and lead Vacation Village to place liens or foreclose on your timeshare. If you can’t sell quickly, cutting losses may require a different strategy.

Rent Your Vacation Village Timeshare

Renting out your timeshare can provide temporary relief. By listing your weeks on Airbnb, VRBO, or timeshare rental sites, you may earn income to cover maintenance fees.

Pros	Cons
You keep the asset and benefit from any occupancy. It costs nothing upfront and rents at market rates.	Renting doesn’t cancel your contract fees; they still accrue, and you must vet renters (damage or liability issues). Income is not guaranteed and may not fully cover costs. Also, Vacation Village’s rules may limit who can rent and how often.

In short, renting can ease the burden short term but is not a permanent exit.

Give It Away (The Hidden Risks)

Donating or gifting your timeshare sounds easy, but it’s legally risky. Many timeshare contracts and state laws make the original owner liable if the new owner fails to pay fees.

Florida law, in particular, was amended: Florida Statute Chapter 721 now requires any transferee’s obligations to survive cancellation. In practice, this means if you “give” the timeshare and the recipient stops paying,

Vacation Village can still hold you responsible for fees and foreclosure. There are horror stories of owners who thought they were rid of a timeshare only to face collections when the giftee defaulted.

If you must transfer ownership, do so legally and cautiously. Always perform a deed transfer through proper legal channels. Consult a lawyer first. They can check your state laws and contract.

Doing it improperly (e.g., via a “done”) could leave you stuck with decades of fees. In general, giving it away is never a guaranteed exit and often worse than no plan at all.

Work Directly With Vacation Village Resorts

Your resort might offer an official exit program (sometimes called a deed-back). Vacation Village Resorts is now managed by Legacy Vacation Resorts, which provides a branded “Exit Program” for owners.

They invite you to contact their Financial Services (1-800-588-2651) and sign a settlement letter. After title verification, you sign a Quit Claim Deed back to the company.

This process sounds hopeful, but caution is key. Vacation Village’s customer-service and retention staff are motivated to keep your business. They may offer upgrades or incentives if you say you want to quit, everything from loan pay-down plans to “buy more points” schemes.

Experts warn that timeshare retention teams often use an owner’s desperation to push expensive new deals (upsells). Even the official exit program can come with strings attached or delays. Be sure to document all communication in writing.

If you do engage with the resort, insist on written confirmation of any offer and ask plenty of questions.

Once you contact Vacation Village/Legacy, it may limit your ability to work with outside exit companies. In many cases, third-party firms advise clients not to engage the resort directly. Always check any exit company’s instructions before reaching out to the resort.

Hire a Timeshare Exit Company or Law Firm

When nothing else works or if your situation is complex, a professional timeshare exit company or attorney may be the best choice.

When to choose this?

The rescission period has passed, you can’t sell or rent effectively, and you want a permanent solution. A specialized lawyer can pursue legal cancellation (for example, proving fraud or contract violations), which nullifies the agreement entirely. In contrast, many exit companies focus on transfers/deed-backs (moving ownership elsewhere), which may not eliminate liability (as discussed above).

How to pick one:

Look for companies that work on escrow: you pay fees in trust, released only when the contract is canceled. Reputable companies often offer installment plans (via escrow) instead of large upfront fees. Check with the BBB and online reviews: the Better Business Bureau has reported many complaints against unscrupulous exit outfits.

Avoid any company demanding a big payment before doing any work. Insist on an escrow agreement and a clear written contract. A true professional will walk you through the legal strategy, not promise a quick sale or “guarantee” your exit immediately.

There are red flags to watch for:

Upfront fees of thousands of dollars, claims of guaranteed success, or requiring obscure international wire transfers. These are hallmarks of scams. The FTC has warned that exit companies claiming they can definitely get you out are often fraudulent. A court case even led to a $90 million fraud ruling against timeshare exit scammers who used high-pressure sales and false affiliations.

Choose a company that is transparent about its process and has served many clients. For example, trusted listing and review sites (including this one) can connect you with verified, escrow-secured exit companies.

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

Avoid Timeshare Exit & Resale Scams

Remember, scams target desperate owners. Beware of these schemes: fake buyers, bogus escrow, guaranteed sales, or secret “auctions.” For instance, a scammer may pose as an eager buyer and ask you to deposit a “transfer fee” or tax into an overseas account.

Common warning signs include huge upfront payments, high-pressure tactics, and overly complex documents. If someone promises a 100% guaranteed exit without seeing your contract, question it immediately.

Always do your homework: search online for company reviews, check BBB ratings, and never wire money to anyone you haven’t vetted. If you do fall victim to a scam, report it to the FTC or your state Attorney General right away.

Cost to Cancel a Vacation Village Timeshare

The cost varies widely by method and contract. In general, expect to pay thousands of dollars. Professional exit services commonly charge in the range of $3,000–$8,000 per contract. Lawyers may charge hourly fees or flat fees depending on complexity.

Costs go up if your timeshare is financed (paying off a loan adds legal work). Many companies allow you to pay in installments, held in escrow until success.

Location and contract type matter too. A large unit or prime week may command higher fees. A deeded ownership typically costs more to exit than a points program due to the deed transfer.

And if you are behind on maintenance fees or mortgage, the company will factor in those debts. For context, the American Resort Development Association (ARDA) reports that an average owner pays about $1,000 per year in maintenance.

In a decade, that’s ~$10,000 in fees, often more than a one-time exit fee. So while exit costs can seem high, they may save you money long-term by stopping future fees.

FAQS

Can I cancel my Vacation Village timeshare contract within the rescission period?

Yes. If you act within your state’s rescission window, you can cancel without penalty. For example, Florida gives 10 calendar days, while other states range from 3 to 15 days. You must follow the written notice procedures exactly (usually by certified mail) to use this right.

What is Vacation Village’s cancellation policy?

Vacation Village Resorts only offers the legal rescission (cooling-off) period guaranteed by state law. After that window closes, the resort has no formal “cancel anytime” policy. Any further exit is handled case-by-case through negotiation or exit services. In practice, they may only allow you to return the deed through a program (and often for a fee) rather than cancel outright.

Can I sell or rent my Vacation Village timeshare?

Yes, but with caution. You can list it on resale sites or vacation rental marketplaces. Note that timeshare resale values are very low, many sell for around $1 online. If you rent, you still own the contract and must keep paying fees. Renting provides short-term cash flow but is not a permanent exit. Selling may take months and might not recoup your investment.

How much does it cost to get out of a Vacation Village timeshare?

It varies by strategy. If you use a legit exit company, budget several thousand dollars. Industry sources report typical exit fees around $3,000–$8,000 per contract. Lawyers might charge similar amounts or more if litigation is needed. Costs rise if you have an outstanding mortgage. Many companies let you pay in monthly installments held in escrow. Compare this one-time cost against $1,000+ per year in maintenance fees.

How can I avoid timeshare exit scams?

Always research and trust your instincts. Be very wary of any company demanding large upfront payments or promising a “sure thing.” The FTC warns that “guaranteed” exit claims are often scams. Look for red flags: high-pressure sales tactics, complex forms, or requests for untraceable payments. Check the Better Business Bureau and online reviews. Never pay money to someone you haven’t independently verified. If it sounds too good to be true, it probably is.

Conclusion

There’s no one-size-fits-all answer; the best path depends on your situation. Rescind immediately if you’re still within the legal window. If not, evaluate selling (if your loan is paid and you can wait for a buyer) or renting (for short-term relief of fees).

Avoid illusory fixes like giving it away, which can leave you liable. If Vacation Village’s own deed-back program seems available, it’s worth exploring carefully, but go in informed and watch for upsells.

For most owners outside rescission, the most reliable route is professional help. A reputable exit company or attorney with escrow protection will analyze your contract and pursue the strongest legal exit path (whether that’s a negotiated deed-back, contract voidance, or other strategy).

Every owner’s case is unique. If you’re unsure which option fits you, we can help you decide. Need help deciding your next move? Contact us for a free timeshare exit plan tailored to your Vacation Village Resorts contract.

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How To Cancel Vacation Village Timeshare

Ways to Cancel a Vacation Village Timeshare

Use the Rescission Period (Only for New Purchases)

Sell Your Vacation Village Timeshare