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In Florida, for example, where nearly 25% of U.S. timeshares are situated, it is 10 days, and cash should be refunded back to the consumer within 20 days after receiving a cancellation notification. In addition, if you do buy a timeshare, know that some states have more powerful rights of rescission than others, and timeshare companies are well mindful which are weaker.
If you pull out, the FTC recommends you send out a letter by means of qualified mail or hand-delivered with a signed receipt. In addition, make sure to keep records of any correspondence and who you talked with, the FTC says. If you wish to trade to another resort, you have to understand how to do so. https://johnnyemuz100.skyrock.com/3337228816-The-Buzz-on-How-A-Timeshare-Works.html |
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