Are you looking to break free from the Bluegreen timeshare contract? If you don’t know which paths are available, read this article to get complete guidance on each route and pick the best one.
In this article, we’ll cover several options for cancelling Bluegreen Timeshare:
- Use the legal rescission period if you’re still within it
- Ask the Bluegreen resort for in-house release options
- Work with a reliable third-party exit service to help you cancel
- Rent it out or sell it on trusted resale platforms
- Give it away or gift it to transfer your ownership
- Be cautious of scam companies and fake brokers
Each option has benefits and challenges to understand. Get into the details and cancel your contract with confidence.
1. Utilize the Rescission Period
If you’re in a rescission period, you can legally end your Bluegreen timeshare contract; this exit option is available for a limited period, usually 3-10 days, during which you can apply for cancellation without paying anything. This is also known as the “cooling-off period,” during which you must act quickly. The period for rescinding the contract varies depending on the state in which you purchased your timeshare.
Bluegreen Cancellation Policy:
Bluegreen Vacations primarily operates under Florida law and usually offers timeshare owners 3-10 days to reconsider their decision. If you’re still within that time frame, you can exercise your rights of rescission.
To process a cancellation within the rescission period, you must send a formal rescission letter to your resort. This letter must state why you want to cancel your contract and provide other necessary details related to the contract. After writing a Bluegreen Vacation cancellation letter, mail it to the correct address via certified mail with a return receipt. The receipt gives you proof of receiving the letter within the legal period.
Pro Tips:
- Never make a phone call or send an email to cancel a Bluegreen contract. Always apply a legally recognized written method.
- Do not contact the salesperson. This negotiating process can delay your action.
Do not send your cancellation letter without a return receipt.
2. Work with Bluegreen Vacations Directly
Working directly with the resort can be a suitable option for canceling a contract. This approach helps owners reach a mutually beneficial agreement.
However, many resorts resist accepting cancellations. Instead, they offer owners alternative solutions to keep them in the contract. It’s essential to ask Bluegreen Resort for an exit program.
If you’re considering this option, follow these tips to protect yourself from manipulative tactics.
- Understand your contract terms and conditions.
- Don’t accept any offers quickly, as these offers involve modifying your current ownership.
- Stay focused on what you want, and steer clear of emotional conversations.
3. Hire a Reputable Timeshare Exit Company:
Hiring a reputable company is one of the wisest choices for cancellation. If you’ve missed your grace period and are unsure how to negotiate directly with the resort, hire an exit company. These companies have a proven track record of successful cancellations. This is because they have the expertise and experience of working with many resorts and can negotiate effectively on your behalf. However, it’s essential to note that this can be expensive, as you must pay high fees to terminate contracts with companies for their services. Moreover, many scam companies claim to offer easy cancellation but charge high upfront fees before providing services. Once you are trapped in these scams, you can lose your investment.
Here are some tips to avoid falling into a scam
- Verify Accreditation: Check whether a company is accredited by a trusted organization like Better Business Bureau (BBB).
- Upfront Fees: Avoid companies that require upfront fees before taking any action. Look for companies that offer an escrow service.
- Check the Reviews: Check the company’s reviews. If there is a poor rating and negative feedback, walk away.
- Transparency: If a company does not show transparency in its pricing and team members, it is usually a scam sign.
Before working with an exit team, familiarize yourself with your resort’s policy and plan accordingly. The tricky part is choosing the best company. That’s why we recommend you seek guidance from Timeshare Cancellation. We recommend some trustworthy and escrow-based exit companies to cancel your Bluegreen timeshare.
4. Rent out Your Timeshare
You can rent out your Bluegreen timeshare to recover some of the costs associated with ownership. However, this option has many risks.
First, you must still bear maintenance fees, taxes, and other costs when renting out your timeshare.
Moreover, fewer people are opting to rent timeshares because they find booking hotels to be more cost-effective than renting.
Lastly, you’ll be liable for any misuse of property or other damage caused by renters. So, always think twice before renting your property.
5. Sell your Bluegreen Timeshare
Selling your Bluegreen timeshare may be your first idea of freeing yourself from an agreement, but it’s not working as well as it sounds. Why? It only works well if your timeshare is fully paid off and is located in a popular travel destination or during a high-demand period.
Moreover, you have to pay Bluegreen Vacations fees to transfer ownership. There is also an oversaturation of timeshares in the resale market, particularly with low-end timeshares. Many timeshares are listed on eBay for just $1 because demand is low, and you still have to pay annual maintenance fees, which often increase in Bluegreen Timeshare.
6. Give Away Your Bluegreen Timeshare
Like many, you can also try to “gift” your timeshare to escape from the burden. However, this might only work if your family member, relative, friend, or someone else is willing to take on the timeshare and understands its ongoing costs.
Remember, this route is not without financial and legal risks. It comes with serious strings attached. For example, Florida state has laws (Chapter 721, Section 17) that leave the original timeshare owner legally responsible if the new owner stops paying, defaults, or even goes bankrupt.
Also, many resorts don’t allow easy transfers. Your resort may require approval, charge high transfer fees, or even deny transfer. Note: Ensure that you involve a legal professional or a title transfer company to handle the process legally.
Legal Consideration
You can choose this legal route to cancel your contract if you’re stuck in a contract that was based on fraudulent claims, fake promises or misleading. This can include false information about booking flexibility, promises of investment-like returns, or pressure to sign quickly.
Moreover, If your resort denies your deed-back or cancellation requests, and you’re facing legal threats or credit damage, consult with a consumer protection lawyer. They can assess your case and help you challenge the contract under state laws that protect buyers from deceptive business practices.
Timeline and Cost Expectation for Each Option
Here’s a brief overview of each option’s timeline and associated costs.
| Method | Timeline | Cost |
| Rescission (cooling-off) | 1–2 weeks | Free |
| Work with Diamond directly | 3–12 months | Free–$1000
Admin Fees or Back Dues |
| Hire an exit company/law firm
(Without Escrow) |
3–12 months | $3,000-$7,000 |
| Hire an exit company/law firm
(With Escrow) |
6–24 months | $4,000-$10,000+ |
| Sell it | 2–6 months | $100-$1000 Listing/Transfer Fees |
| Give it away | 2–6 months | $100-$1000 Listing/Transfer Fees |
| Legal Action | 6–24 months or more | $5,000-$10,000+ Case by case varies |
How to Avoid Timeshare Exit Scams
Avoiding exit company scams is challenging, but with the right mindset, you can protect yourself. First, ensure that the company you choose offers escrow services and doesn’t charge upfront fees. Additionally, research the company’s reputation and feedback.
There are more things to look for before hiring an exit company. If you want guidance, consider contacting Timeshare Cancellation. We provide expert advice and, if needed, recommend top exit companies that use escrow services.
The Cost Associated with Owning a Bluegreen Timeshare
Three main costs are associated with owning a Bluegreen Vacation Club timeshare interest.
Initial Purchase Price: The initial price is the upfront cost of purchasing the timeshare interest. The price varies depending on the number of vacation club points, the type of accommodation, and the contract terms.
Annual Maintenance Fees: Annual maintenance fees are ongoing charges that cover the property’s upkeep. These fees cover property maintenance, operational expenses, and access to amenities such as fitness centers, pools, and other services.
Annual Club Dues: Annual club dues are fees associated with being a member of the Bluegreen Club program. These dues cover exclusive benefits, discounts, and assistance with booking vacations.
Lawsuits Against Bluegreen Club Vacations
Bluegreen Vacations has faced several lawsuits over the years, primarily about allegations of deceptive sales practices, misleading violations of consumer protection laws, and improper treatment of military personnel. Here’s an overview of actions involving the company:
Military Lending Act (MLA) Violations: In December 2020, Emmanuel G. Louis, Jr., a U.S. Army member, and his wife sued Bluegreen Vacations. The suit alleges that the company failed to disclose the true Military Annual Percentage Rate, which is designed to protect service members from predatory lending practices.
Deceptive Sales Tactics: In 2016, a lawsuit was filed against the company, accusing it of providing misinformation to consumers and employee high-pressure sales tactics. Plaintiffs Kyle and Jasmine Miles claimed that during a sales presentation, they were misled about the timeshare terms, benefits, and costs, including false promises about buy-back options and maintenance fees.
What do people say about Bluegreen Vacations?
Some people have reported having a positive experience at the Wilderness Club at Big Cedar. They report friendly staff and are not pushy at all. Even though they were not interested in buying, the staff gave them a property tour. However, most customers have expressed frustration and regret over their experiences with Bluegreen Vacations. Many people have complained about misleading sales tactics, feeling pressured to upgrade even after making their initial payment. Many claimed that their point-based system is challenging to understand and nearly impossible to use, with limited availability that prevents them from booking their desired resorts. Some reported that they could not use the services despite paying fees and monthly charges. Some even complained about unresponsive representatives and a lack of customer support.
Conclusion
Cancelling Bluegreen timeshare can be time-consuming, but it’s possible. Luckily, you have viable options to explore for cancellation. Whether you negotiate directly with your resort, hire a reputable exit company to work on your behalf, sell your timeshare, rent it out, or cancel during the rescission period, knowing each route to exit successfully is crucial. However, the exit process is not without risks, particularly risks of engaging in fraudulent companies. It’s best to get expert help from Timeshare Cancellation firsthand to avoid these scams.
FAQs
Q1: Can I cancel the Bluegreen timeshare contract after signing it?
Yes, you can easily cancel the Bluegreen timeshare after signing within the rescission period. But once you miss this period, you must choose other options, like negotiating directly with your resort, selling your timeshare, or hiring a reputable exit company.
Q2: What happens if I stop paying for my Bluegreen timeshare?
If you stop paying your timeshare, it can damage your credit score. Moreover, Bluegreen Resorts can sue you for breach of contract, which may lead to penalties and legal costs, adding further financial strain.
Q3: How to cancel Bluegreen vacations?
You can cancel your Bluegreen Vacations timeshare contract by exercising the rescission period, contacting your resort’s deed-back exit, working with an exit company, or selling it in the resale market.
Q4: How to sell a Bluegreen timeshare?
To sell a Bluegreen timeshare, list it on reputable resale sites like eBay, RedWeek, Craigslist, and Timeshare Users Group (TUG), or consider working with a licensed timeshare broker for professional help.
Q5: How much does it cost to cancel a Bluegreen Vacations timeshare?
The cost of canceling a timeshare varies depending on various factors, such as the type of timeshare, the company involved, the method, and third-party service.