NEWSROOM

Timeshares offered at affordable prices through a common land registry are a reasonable holiday option, as well as cause for grievance sometimes. Citizens face a lot of challenges when they don't get the timeshare they dream of, and they want to cancel the contract. Lawyer Mustafa Mıhcı stated that the withdrawal period can be extended from 14 days to 1 year if the person who bought the timeshare was not informed properly.

*** This release is originally published in Turkish.
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ISTANBUL (TR) - Buying a timeshare has become an attractive option in recent years, as it gives both property rights and holiday opportunities at more reasonable prices. However, timeshare buyers can sometimes suffer from this and sometimes regret buying it. Citizens contacted with "free vacation" message or phone faced many difficulties when they could not get the timeshare properties they dream of, and when they wanted to cancel the contract. Stating that citizens should be aware of their rights in order to combat the increasing victimization, Lawyer Mustafa Mıhcı stated that it is possible to cancel the timeshare and refund the paid amount in certain cases and made explanations about the things that the timeshare victims should do.

Timeshare victims can withdraw from the contract within 14 days

Lawyer Mustafa Mıhcı explained that the buyers can withdraw from this contract within 14 days after the sale without paying any penalty fee and without stating any reason: “This cancellation will be invalid if it is not duly done. However, all payments made within this 14-day period must be returned. These protection provisions provided due to the aggressive sales methods of timeshare companies. People who buy timeshare regret it after returning home and want to cancel. Thanks to these provisions, the person who wants to give up the purchase of timeshare can withdraw from the contract within 14 days and provide the necessary cancellations and refunds."

Even if 14-day period have passed, in some cases, the contract can be canceled.

Stating that the 14-day withdrawal period should not be passed, Lawyer Mustafa Mıhcı also added: “Even if the time has passed, the person has some rights. For example, if the right of withdrawal is not properly notified to the person buying timeshare, this period will be extended by +1 year after 14 days. Apart from this, if the timeshare company has not fulfilled its commitments related to the timeshare, for example, if it did not complete the construction on time, did not perform the social facilities it promised, it is possible to return from the contract and get the refund of the amount paid after this 1-year period according to the conditions of the certain event. These are entirely dependent on the violations in the specific case. In addition, there are various possibilities in the decisions of the Supreme Court on the issue. There are various cancellation possibilities in many cases such as the moment of giving pre-information form to people, making sales by advertising such as a free holiday opportunity, and not yet being transferred in prepaid contracts. In such cases, many violations of the law of the seller companies can be encountered. In all these cases, it is beneficial for the buyer to consult a lawyer and learn all their rights.”.

It Is Important to follow the process

Stating that there are citizens who generally do not want to chase the amount paid in advance after the cancellation of the timeshare, Lawyer Mustafa Mıhcı stated that this is wrong and said, “Within 14 days after the cancellation, the timeshare firm is obliged to pay the pre-paid amount. Timeshare companies founded this business and know the customer profile very well. For this reason, it is very important that timeshare victims get legal assistance in order to manage the process well and avoid violation of their rights. "