In Mexico, foreigners are unable to own land that is located within 50 kilometers of the coast or international border. If you invest in a timeshare, members are purchasing the right to use the vacation unit for a set period of time each year. If you’re interested in buying a timeshare in Mexico, it is important to learn the applicable laws in Mexico as U.S. laws don’t apply to the transaction. For starters, Mexican law protects timeshare owners with a right to cancel clause. However, legal cancellation is only possible during the rescission period which occurs in the few days after a new member contract is signed. In addition, timeshare scams are common in Mexico, so keep reading below. You will learn timeshare news in 2021 and how you can avoid becoming a timeshare scam victim.
How To Avoid Timeshare Scams in Mexico
To start with, the most important part of avoiding a timeshare scam is to work with a reputable provider such as Tafer Hotels & Resorts. They are a genuine resort provider with decades in the industry. They have professional salespersons who never mistreat potential club members. On the other hand, some timeshare developers often hire aggressive salespeople that coerce individuals into buying a timeshare. If you want to learn more about membership, make sure to sign up for a sales presentation at a genuine provider like Tafer Hotels & Resorts. Their exclusive residence club is designed so members can buy points at discounted prices. Going forward, they can use the points towards accommodations, meals and spa treatments at their luxury resorts in Cabo, Cancun and Puerto Vallarta. Tafer Hotels & Resorts club members are thrilled with the high quality amenities and services, too.
Always Tour Property in Person
Next, it’s very important to always tour a property in person. If a salesperson only shows you a brochure of the property, but does not take you on a tour of the property itself, that is a huge warning sign. If this happens, there’s probably a problem with the resort. It could either be in disrepair, or possibly isn’t even built yet. In order to avoid potential issues, always visit the resort in person before you decide to invest. Tafer Hotels & Resorts operates the luxurious Garza Blanca Resorts in Mexico. They have dream locations in top coastal destinations that members love to visit. To learn more, contact Tafer Hotels & Resorts and sign up to attend a sales presentation. The Garza Blanca timeshare presentation will cover all the perks and benefits of vacation club membership, and will conclude with a property tour to check out the amazing amenities and services.
Review Contracts Before Signing
Also, another way to keep safe from timeshare scams is to always review contracts before signing. When you first meet with a sales rep, it is best to take the documents with you after you meet. That way, you can take time to carefully review the membership contract. For added safety, take the documents to an attorney to check the fine print. Whenever possible, have any Spanish documents translated into English. In addition, do your due diligence and research the resort provider online. Make sure to check for complaints about the resort developer at the PROFECO office. You should check the Better Business Bureau, too. Many vacation club members that were scammed post about their experiences and help warn prospective timeshare owners about online scammers. Also, make sure that any verbal promises made by the sales rep regarding your membership plan are clearly spelled out in the contract.
Timeshare Cancellation Rules
In general, new timeshare owners have 5 to 14 business days to cancel a contract after they have signed it. Known as the rescission or cooling off period, Mexican law stipulates that purchasers are legally allowed to cancel a contract without penalty if done during this time frame. In addition, the right to cancel can not be waived although some scammers may try to convince you otherwise. If you decide to cancel the contract, make sure to immediately notify the developer in writing. Also, it is wise to send a cancellation notification by email, too. Keep proof of the delivery of the cancellation notices you sent in case you need them later. Timeshare providers must refund money paid by a new member without any penalties within 15 business days.
Lastly, investing in timeshare ownership in Mexico can be a wise decision if you go with a reputable provider like Tafer Hotels & Resorts. They offer a quality vacation club that travelers from around the world are highly pleased with. Their accommodations, services and amenities are world class. If you want to provide your family with unforgettable vacations, consider investing in a Tafer timeshare. As a member, you will get to enjoy staying at the luxury Garza Blanca Resorts in popular tourist hot spots Puerto Vallarta, Cancun and Cabo. Contact Garza Blanca today to sign up for a sales presentation so you can learn more about the amazing perks and benefits of their exclusive vacation club.
