This is a work-in-process on a sticky I would like to create that provides specific instructions on how to rescind a Club Wyndham purchase agreement. Please use this post to provide constructive comments. At some future date I will zap all the comments and make this a sticky. Thanks
How To Rescind Your Recent Wyndham Timeshare purchase
This post is designed to be a quick guide on how to rescind your timeshare purchase from Wyndham. If you are not purchasing from Wyndham, or want a more in-depth guide please refer to this TUG advice article:
https://tug2.net/timeshare_advice/cancel_timeshare_purchase.html
Timing is Everything
The first thing to recognize is that time is of the essence, and that you may need proof that the properly rescinded your purchase. For this reason we strongly recommend that you use certified mail as the method of sending your rescission notice, and use fax or email as a backup.
The Notice
In some states there will be a form letter in your paperwork you can use. If not your rescission notice does not need to be fancy or have some magic wording. It does not need to explain why you are rescinding - only a clear expression that you are rescinding your purchase. A simple letter like:
Wyndham Vacations Resorts, Inc
Attn: Account Servicing Operations-Rescission Dept
Regarding my contract XXXXXXX for the purchase of a timeshare at "ABC" resort. We are exercising our legal right to cancel this contract. Do not make any additional charges to my credit card. Please confirm my legal rescission in writing.
Sincerely,
John Husband
Jane Wife
The letter does not need to be typed, it can be hand-written. Ensure that it is signed and dated, and include the cover page of your Purchase Agreement. The contract number for Wyndham purchase agreements is typically found in the upper right hand corner of your paperwork.
Where To Send The Notice
Now comes one of the most important steps - determining where to send the notice. For this step we strongly recommend scanning your contract and locating the mailing address listed in your contract. The following address is used in most recent contracts - but
IT IS IMPORTANT THAT YOU ENSURE THIS IS THE CORRECT ADDRESS FROM YOUR CONTRACT.
Wyndham Vacations Resorts, Inc
Attn: Account Servicing Operations-Rescission Dept
PO Box 94443
Las Vegas, Nevada 89193
or
10750 West Charleston Boulevard
Suite 130
Las Vegas, Nevada 89135
It is equally important that you have proof that you sent the rescission notice by the contract deadline (which varies by state). For this reason we only recommend certified mail - as certified mail is only method that is legally recognized in all US states.
However, in addition, you can fax your rescission notice to 702-227-3298, and/or email the notice to
rescissions.wvr@wyn.com.
We strongly recommend that email and fax only be used as secondary methods, as certified mail is method that is outlined in your contract.
Whats next?
Once you have your rescission notice in the mail and Wyndham receives it, you should receive a confirmation email from the Rescission Dept. So kick back, take a deep breath, and consider becoming a TUG member so you can fully research if being a timeshare owner is right for you.
If you want to confirm the receipt, some members have had luck calling the Financial Services Dept at 702-304-4100.