How To Get Out Of Raintree Vacation Club Timeshare

To get out of the Raintree Vacation Club timeshare, you must focus on some important elements. These include understanding the contract, knowing how to cancel during the rescission period, knowing how to exit by using other options if you are not eligible for the rescission period, and knowing how to differentiate between a legitimate and a scam timeshare exit company.

If you are Raintree Vacation Club’s puzzled client looking for a way out, read this helpful guide and choose the option that suits your situation.

• Utilize the legal cooling-off window to cancel (if it’s still valid)
  
• Inquire with Raintree Vacation Club about voluntary release or exit options.
  
• Hire a professional timeshare exit company to negotiate with the resort on your behalf.
  
• Sell it on a trusted resale platform online 
• Transfer your ownership to someone else by giving it away for free
  
• Don’t fall for scams and misleading promises
  

Before proceeding to cancellation, understanding the contract is advisable to make complex timeshare exits easier. Timeshare owners often make the mistake of not reading the contract carefully; they just immediately apply for cancellation. However, reading the contract helps you understand which criteria you are eligible for cancellation. 

1. Raintree Vacation Club Rescission Period (Cooling-Off Period)

The rescission period, known as the cooling-off period, is the easiest way to get out of the Raintree Vacation Club timeshare. However, the existing timeshare owners are not eligible for it. You can cancel the timeshare within 3-10 days of purchase if you have recently acquired it. 

To cancel the timeshare during the rescission period, you will need to do the following:

• Write a timeshare rescission letter, including the reason for cancellation and personal and timeshare contract details.
• Attach relevant documents. 
• Send them through certified mail to Raintree Vacation Club Resort. 
• Keep a record for future purposes. 

Raintree Vacation Club Cancellation Policy

Raintree Vacation Club operates timeshare resorts primarily in the U.S. states of California, Colorado, Texas, and Hawaii. Each of these states provides a legal rescission period during which new buyers can cancel their timeshare contracts: 7 days in California, 5 days in Colorado and Texas, and 7 days in Hawaii. If you’re within your rescission period, you may be able to exit legally without paying a single amount. If you’re beyond this timeframe, the resort may offer you limited exit options such as deed-back or surrender, if you qualify. If your account is in good standing and you own a fully paid-off timeshare, such an exit option may be available to you, but to confirm your eligibility, contact Raintree Vacation Club directly.

2. Negotiate With Raintree Vacation Club Resorts

Raintree Vacation Club resorts are known to involve owners in the complex timeshare cancellation processes. They employ deceptive advertising strategies that attract the audience but serve no purpose.

But you can still negotiate with Raintree Vacation Club directly in the following ways:

Be Honest: Explain why you can no longer keep up with the timeshare.

Request a Deed Back: Some resorts allow owners to return their timeshare through a deed-back program.

Document Everything: Keep records of all communication if you need to escalate the issue.

Unfortunately, Raintree Vacation Club is not known for being overly accommodating. If they refuse to work with you, don’t lose hope and explore other exit options.

3. Hire A Timeshare Exit Company

A timeshare exit company can be your rescue when no cancellation option works. The right timeshare exit company can make the cancellation process simple. They can understand the complexity and offer a relevant solution as professionals. Ensure that you select a timeshare exit company that offers Escrow services. 

We understand that when you are tense about timeshare cancellation, finding the right timeshare exit company can be difficult. At Timeshare Cancellation Companies, we help owners connect with legitimate timeshare exit companies, learn about them, and know what to ask a timeshare exit company.

4. Sell The Timeshare

Selling a timeshare is a simple process for owners who want to sell it. However, the resale market situation is deteriorating daily due to ongoing scams in the industry. You can list your timeshare on Airbnb, eBay, and Timeshares User Group platforms if this is still your choice. 

Stay Alert: Listing your timeshare on these platforms does not mean you are free from scams. Scammers know every trick to get you, so be careful who you sell your timeshare to.

5. Give Away Timeshare

One option to get rid of a timeshare is to give it away to someone. Whether it’s your family member, friends, relative, or even a stranger, it’s essential to provide or give away only to those who need it.

Giving away comes with many risks, such as facing restrictions from your resort or incurring a high transfer fee. 

Moreover, in many states, the original owner is liable for any defaults made by the new owner if the transfer is not done legally. 

According to the Florida timeshare law under Section 721.17, “the obligations of the transferee under such instrument will continue to exist despite any cancellation or rejection of the contracts between the developer and purchaser arising out of bankruptcy proceedings.”

Therefore, ensure that the timeshare is transferred legally. Consult a legal expert or use a professional title transfer service to ensure a safe and legal way out.

Legal Action

Legal action may be a viable option to consider when other options are unsuccessful. This should be taken when:

• All other exit options, such as direct negotiation with your resort, working with a reliable exit firm, or selling, ultimately fail.
• You’ve faced significant financial losses due to fraud, fake promises of resorts, or unforeseen circumstances.
• You’re suffering from collections or lawsuits from the timeshare company or third-party debt collectors.

Don’t go for this alone; contact a lawyer who specializes in timeshare law, who can help you determine the best course of action and potentially recover damages or secure a release from the contract. 

Timeline and Cost Expectation for Each Option

Here’s a brief overview of each option’s timeline and associated costs.

Avoid Resale Scams

The timeshare industry can empty your bank account within seconds. When selling your timeshare or working with a timeshare exit company, you must be careful. Not everyone you meet will be your friend on your path to getting rid of the timeshare.

Red Flags to Watch For:

Additional Fees: Any timeshare company or attorney that asks you to make extra payments without specifying the reason is a scam. 

High-Pressure Sales Tactics: If they push you to sign something immediately, it’s probably a scam.

Fake Promises: Be wary of companies that can’t provide explicit, verifiable success stories.

Pro-Tip: If you doubt someone about their scam, ask them counter questions to check their professionalism, such as “What if I missed the rescission period?” or “Suggest a solution that empowers paying through Escrow?” A scammer would not find this good and triggering. It will serve as a hint to help you identify the scammer.

Stopping Maintenance Fees (Risky Option)

If the timeshare serves you right, you won’t mind paying the maintenance fees. However, if it troubles you, ideas like eliminating maintenance fees may come to mind. 

Stopping maintenance fees is not the right option, as this leads to other complexities in your cancellation process. First, it can negatively impact your credit score, potentially creating issues when selling the timeshare. Second, it can trigger the resort, and they might prolong the cancellation process. If you want to get out of your timeshare smoothly, we encourage you to look for timeshare exit companies that are legal. 

Raintree Vacation Club Lawsuit

There were multiple lawsuits against Raintree Vacation Club, including a class-action lawsuit and another alleging fraud. 

Class Action Lawsuit 

11 club members sued New Raintree Resorts International, LLC, RVC Members, LLC, and Douglas Y. Bech in 2010 and settled in 2012. The plaintiffs argued that the defendants’ actions were unfair and interfered with their contractual rights.

Fraudulent Scheme Lawsuit 

Charles Adams and other plaintiffs sued Raintree Vacation Exchange, LLC, Starwood Vacation Ownership, and others. The plaintiffs alleged that Raintree and Starwood sold fractional interests in an unbuilt resort in Mexico without intending to build it and deceived them into selling back their interests for a low price.

Conclusion

We understand that cancelling a Raintree Vacation Club timeshare can be challenging, especially for those who are new to the industry or have become victims of scams. It can be very difficult for them to trust anyone.

At Timeshare Cancellation Companies, we help owners learn about timeshare exit companies, how to prevent scams, and about Escrow. We are providing reviews of timeshare exit companies to help you make an informed decision.

FAQs

Q1: How to get out of the Raintree Vacation Club timeshare?

To get out of the Raintree Vacation Club timeshare, contact the resort or a reputable timeshare exit company.

Q2: What is the cost of cancellation of Raintree Vacation?

The cost of the cancellation process varies depending on factors such as the nature of the timeshare contract, its duration, and whether there are any outstanding payments.

Q3: Can I sell Raintree Vacation Club timeshare?

Yes, you can sell Raintree Vacation Club timeshare by listing it on trusted platforms like eBay, RedWeed, and Craigslist. But, remember the resale market is over-saturated with timeshares and the demand is low.