A Royal Elite Sandos Resorts timeshare is a form of vacation ownership in which a person purchases a unit of accommodation and has the right to use it for some time each year. This usually includes a block of weeks prescribed and reserved for the purchaser. The agreement entitles the individual to yearly access to the unit and other benefits, such as discounts on recreational activities and restaurant dining. This is a network of hotels and resorts called Sandos that spans Mexico and Spain. They have properties in many places, including Cancun, Playa del Carmen, and Los Cabos, and are owned by RCI, the largest timeshare firm in the world. Their official timeshare scheme is The Royal Elite Vacation Club.
The majority of timeshare contracts last for a set number of years and are non-refundable. The purchaser pays a certain amount of money upfront and is responsible for the annual maintenance fees and other fees associated with their specific agreement. A timeshare contract can be used for a variety of purposes, such as family vacations, corporate retreats, or even investment purposes.
You should contact us if you want to learn the process and need help to get out of a timeshare.
How Can You Get Rid of It?
It is important to remember that a timeshare contract is a legally binding agreement. As such, it can be difficult to cancel a timeshare agreement without paying hefty penalties. The first step to getting rid of a timeshare is to contact the owner and explain your situation. It is possible that they may be willing to waive or reduce some of the fees associated with the contract.
If the owner is unwilling to negotiate, the next step is contacting a timeshare cancellation service. These services specialize in assisting individuals with cancelling their timeshare contracts. Many of these services offer money-back guarantees if they are unable to successfully cancel the contract.
Another option is to consult a lawyer. A lawyer can help review the contract’s terms and determine whether there are any grounds for terminating the agreement. Depending on the specific situation, a lawyer may be able to negotiate a reduced settlement or a refund.
Finally, if all other options have been exhausted, selling the timeshare to another individual may be possible. This can sometimes be difficult, as timeshares are often sold at a deep discount. However, it may be the only option available to someone who is looking to get rid of their timeshare. So getting rid of a Royal Elite Sandos Resorts timeshare can be complicated. It is important to know all the available options, such as negotiating with the owner, and consulting a timeshare cancellation service.
Exploring Your Options for Cancelling Your Royal Elite Sandos Resorts Timeshare
Have you been stuck in an endless cycle of payments for a timeshare you bought but no longer want to keep? Are you looking for ways to cancel your Royal Elite Sandos Resorts timeshare? You’re not alone.
Many timeshare owners feel they have been misled and taken advantage of when they purchase a timeshare that they were told was the perfect vacation solution. Unfortunately, the reality of timeshare ownership is that you may quickly find yourself over your head and want to cancel your agreement.
Because timeshare contracts are legally binding, canceling your timeshare is not as simple as deciding you don’t want it anymore. However, some options may allow you to get out of your Royal Elite Sandos Resorts timeshare. This article will discuss the various options for canceling your Royal Elite Sandos Resorts timeshare.
Understanding the Timeshare Cancellation Process
When canceling a Royal Elite Sandos Resorts timeshare, there are a few things to consider. Many timeshare contracts have a clause known as a “right to cancel” that allows buyers to cancel their contracts without any penalty or further obligation. This clause typically runs for a certain period of time (usually seven to 21 days) after you have purchased the timeshare and is included in the contract.
Suppose you are within the “right to cancel” period and decide to cancel. In that case, you will simply need to notify the timeshare company in writing that you are canceling your contract, and you will not be liable for any further payments.
Cancelling Outside the “Right to Cancel” Period
If you are outside of the “right to cancel” period, canceling a Royal Elite Sandos Resorts timeshare is more involved. You may be able to negotiate with the timeshare company to release you from your contract, as they may be willing to cancel your contract for a fee. However, this is not always an option.
If the timeshare company does not agree to cancel the contract, you may need to explore other options for legally cancelling your timeshare.
A few options are available when it comes to getting rid of a timeshare. The best option for you will depend on your situation, so it’s important to understand all your choices before making a decision.
Selling Your Timeshare
Selling your timeshare can be a good choice if you don’t plan on using it in the future. You can list it on sites like eBay or Etsy or reach out to timeshare reseller companies directly. Depending on the market, you can recoup some of your original investment.
Transferring Your Timeshare
If you have family or friends interested in taking over your timeshare, you can transfer it to them. Many resorts will allow you to do this, but you’ll want to ensure that you take the necessary steps to legally transfer the timeshare.
Hiring a Timeshare Exit Company
Hiring a timeshare exit company is a popular option if you don’t want to sell or transfer your timeshare. These companies specialize in helping people get out of their timeshare contracts, so they can provide you with the best advice for your particular situation.
Read: Can You Get Rid Of a Playa Grande Timeshare?
Adding an Escrow
Adding an escrow account is another way to get out of your timeshare. This low-cost option involves setting aside a certain amount of money in an account that will be held until the timeshare is sold. If the timeshare is not sold, then the money in the escrow account will be returned to you.
No matter which option you choose, it’s important to understand the process and make sure that you take the proper steps to get out of your timeshare legally. Researching and speaking with an expert can help you make the best decision for your situation.
Pros and Cons of Cancelling Your Royal Elite Sandos Resorts Timeshare
When considering whether or not to cancel your Royal Elite Sandos Resorts timeshare, there are many factors to consider. While timeshares typically come with many benefits and can be a great long-term investment, there are also some potential drawbacks that should be weighed before making a decision. This article will explore the pros and cons of cancelling your Royal Elite Sandos Resorts timeshare.
Pros of Cancelling Your Timeshare
- No More Financial Obligations – If you cancel your Royal Elite Sandos Resorts timeshare, you will no longer have to worry about making payments each month. This can help to free up funds that can be used for other investments or expenses.
- More Time For Other Activities – By cancelling your timeshare, you will no longer be obligated to spend time at the resort each year. This can give you more time to explore other activities and interests.
- Fewer Obligations – Cancelling your timeshare also means that you will no longer have to deal with maintenance fees, exchange fees, and other obligations. This can help to simplify your life and give you more freedom.
Cons of Cancelling Your Timeshare
- Loss of Investment – Cancelling your Royal Elite Sandos Resorts timeshare will mean that you will lose any money that you have already invested in the property.
- Loss of Benefits – As mentioned previously, timeshares offer many benefits, such as free use of the resort’s facilities, discounts on food and drinks, and access to special events. If you cancel your timeshare, you will no longer be able to take advantage of these benefits.
- No Access to Resale Market – Reselling your timeshare can be a great way to recoup your investment. However, if you decide to cancel your timeshare, you will no longer have access to the resale market.
Conclusion
Canceling your Royal Elite Sandos Resorts timeshare is a big decision that should not be taken lightly. While it can offer many benefits, such as no more financial obligations and more time for other activities, it also comes with some drawbacks We researched further and got to know that there is a plethora of people out there filling complaints about the Royal Elite Sandos Resorts timeshare, read for yourself and make your own decision.
- B Knapp of St. Louis, US, states on Complaintsboard,
My spouse and I purchased Royal Elite memberships at Sandos Playacar in Cancun, Mexico. Many advantages and services were offered to us. Nothing we were told about the membership has shown to be accurate. We were defrauded of thousands of dollars, and all we have left is grief. When you sign a contract with Royal Elite, you are also signed up with RCI and Holiday Systems International (HSI), who help with currency swaps for your Royal Elite weeks that you don’t use and other travel services, including 50% off hotels, airline, and so on. Everything of it is untrue. Advertisements for HSI are also untrue. When I book it myself, the airfare and accommodation rates are lower. I have yet to get my cash for a cash transaction. Thus, a word of caution to all of you unwary guests at any Sandos Resorts. Go to a different hotel. In Cancun, there are several options available that are free of these con artists. Avoid the vultures who will try to undercut you into purchasing a subscription. Be smarter than we were, please.
- Eugenie of Dallas, US, states on Complaintsboard,
The all-inclusive rate is really charged per person per night, despite the salesperson’s representation that it is per couple. Instead of using their timeshare and paying the maintenance fees and all-inclusive fees, customers may frequently book their vacations online for less money claim that they may sell a timeshare they previously held for a profit and utilize the proceeds to pay for their new Royal Elite membership.
Clients can rent out additional weeks from the salesperson. They contend that the timeshare is a profitable financial investment due to the rental income and that they may use the money over the first few years to pay off the membership.
Salesperson asserts that customers can exchange their weeks for RCI points and utilise those points to pay for 100% of their purchases.
- Britt334 of the US, states on Complaintsboard,
A Royal Elite timeshare is not a good investment because it is one of the worst timeshare businesses in Mexico and has a bad reputation for timeshares.
- Sherry1153 of Regina, CA, states on Complaintsboard,
Quality Assurance Division? It’s funny, now.
There are salespeople here, so beware! They are dishonest and will fabricate any story to close the sale. In 2011, we acquired membership for a studio apartment at Sandos Caracol. We were informed that the Royal Elite studio did not even exist at that resort when we tried to reserve the room they had just shown us. Hence, we have two options: use the “better” accommodation or spend extra weeks to acquire the room we thought we were purchasing (if they can accommodate us at all). The salesperson also assured us that we could rent the weeks we didn’t utilize and that we would receive flight discounts. She added that the All Included rate was unaffordable.
Looking to cancel your Royal Elite Sandos Resorts timeshare? We can help you find a reputable timeshare exit company to guide you through the process. Our website has been created to give people like you options for getting out of vacation properties that didn’t meet expectations. Visit our page to view our recommended timeshare exit companies. Make sure to find a company that offers an escrow service so that payment isn’t released until you are fully satisfied. To learn more about why escrow is important, click here.
