If you’re on an amazing holiday at a resort and a salesperson there offers you a chance to indulge in this luxury for a particular period every year, you might be highly tempted to accept the offer. In many cases, the salesperson will explain the multiple benefits and the tax saving advantages that will lure you into signing the contract right there!
However, once you come back, you might realize that you don’t have the time to take the holiday every year or you might not want to visit the same place again and again. Or you may notice that the salesperson gave you some wrong benefits that aren’t really attractive. In such a case, read on to know when you can request a timeshare cancellation to get your money back and come out of the contract.
Rescission Period – This is normally 5 to 10 days after signing (as per the contract) in which you can cancel the contract just by writing a notification to the company. Ensure that you request a receipt with the date that mentions you have applied for the cancelation within the rescission as per the contract.
Timeshare Laws – If the rescission period is over, you can hire a timeshare contract cancellation attorney to help you out. In case you were misinformed about the benefits or there is a loophole in your contract, your lawyer will be able to put up a strong case against the company and you can get a way out.
Timeshare laws are usually different in different states so having a specialized attorney by your side will help you win the cancellation case easily!