Many times you may have been pressured and in the heat of the moment to purchase a timeshare. Now you realize your mistake, but what can you do? Many times the contract will have a”cooling off period” where you can opt out. The amount of days may vary but it is usually no more than a weeks time after signing the contract.

Every Company is different and so are the contracts. You might be still under the rescission period, take advantage that you are still in the area and consult a local lawyer it is worth the appointment money.

Somewhere in the fine print it will say “the parties agree to be bound by the laws of ………..”  The worst they can do is get a judgment against you,which  in all likelihood would only be enforceable in whatever state is named as above. It would cost them way more than it’s worth to even try to sue you, but they might try to damage your credit rating. As long as you don’t want to get a major loan or mortgage for the next few years, then even that wouldn’t amount to much.  As long as the contract is only enforceable in a single state (almost 100% likely as I’ve outlined above) then as long as you stay out of that state in the future, you aren’t likely to ever have a problem (apart from possible harassing and threatening phone calls that is).The BEST idea is to fax it and keep the transmission summary that says it went through and was received. ALSO mail the cancellation via certified letter or Fed Ex. Request on both they CALL you immediately to confirm.

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