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Rescinding contract - now what?

Rvs2015

Guest
Joined
Oct 3, 2024
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Resorts Owned
Marriot Vacation Club
Hi again. We decided to rescind our contract. We emailed it to the address on the contract to MVC and haven’t gotten a response to confirm. Curious what is supposed to happen next… thank you!
 

Passepartout

TUG Review Crew: Veteran
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Twin Falls, Eye-Duh-Hoe
Hi again. We decided to rescind our contract. We emailed it to the address on the contract to MVC and haven’t gotten a response to confirm. Curious what is supposed to happen next… thank you!
They are under no obligation to notify you of the progress of your rescission. All you can do is watch the credit card account that the down payment was charged to. That is where your refund will be returned, and it can take up to 45 days. It will probably be sooner, it just depends on when in your billing cycle the refund is posted.
Next. . . .? . . . Go celebrate. Start shopping for a resale if you still want to timeshare.

Jim
 

Rvs2015

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Marriot Vacation Club
They are under no obligation to notify you of the progress of your rescission. All you can do is watch the credit card account that the down payment was charged to. That is where your refund will be returned, and it can take up to 45 days. It will probably be sooner, it just depends on when in your billing cycle the refund is posted.
Next. . . .? . . . Go celebrate. Start shopping for a resale if you still want to timeshare.

Jim
That’s super helpful! I was assuming they’d start bothering us with trying to get us to stay and wanted to be armed for that 😉
 

Patri

TUG Review Crew: Veteran
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Only an email? Is that what the instructions said? Usually mail with proof of sending is advised.
 

dioxide45

TUG Review Crew: Expert
TUG Lifetime Member
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May 20, 2006
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NE Florida
Resorts Owned
Marriott Grande Vista
Marriott Harbour Lake
Sheraton Vistana Villages
Club Wyndham CWA
Only an email? Is that what the instructions said? Usually mail with proof of sending is advised.
Most Marriott contracts provide an email address for rescission. That said, in addition to email, I would also suggest some type of mailing that provides proof of mailing. Like First Class Mail with Certificate of Mailing, or Certified Mail. I would never rely on only one form of delivery for something like this.
 

GTLINZ

TUG Review Crew: Veteran
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Agreed - i would also use mail with proof. It establishes/proves the recission date, which is important !
 

TUGBrian

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congrats on rescinding and discovering the resale market, we hope you saved a fortune!
 
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