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Michael Malfetta, a senior partner at Mall Federal Law, addresses the common question of whether one can legally cancel a timeshare contract. He emphasizes that there is nothing illegal about canceling a contract; it is a common practice in the U.S. People often seek to exit contracts due to changing life circumstances, particularly exacerbated by the pandemic and financial strains. Despite timeshare resorts attempting to portray cancellation as illegal, Malfetta clarifies that it is indeed legal. He compares this to other contractual exits, noting that individuals can legally terminate marriages, home ownership, car leases, and employment contracts as well.
