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In Florida, for example, where nearly 25% of U.S. timeshares lie, it is 10 days, and cash must be reimbursed back to the consumer within 20 days after receiving a cancellation notice. In addition, if you do buy a timeshare, be aware that some states have stronger rights of rescission than others, and timeshare companies are well aware which are weaker.
If you pull out, the FTC recommends you send a letter via certified mail or hand-delivered with a signed receipt. In addition, make certain to keep records of any correspondence and who you talked with, the FTC says. If you desire to trade to another resort, you need to know how to do so. http://felixbqek007.wpsuo.com/our-what-does-timeshare-mean-ideas |
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