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In Florida, for example, where almost 25% of U.S. timeshares are situated, it is 10 days, and cash needs to 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 conscious which are weaker.
If you pull out, the FTC advises you send out a letter through certified 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 need to understand how to do so. https://zenwriting.net/zorach0dir/if-you-do-not-have-that-money-saved-currently-youand-39-ll-probably-be-searching |
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