Legal Question in Real Estate Law in Virginia

time share rescission in VA.

I purchased a time share in Virginia on 5/5/07 is it too late to cancel my contract


Asked on 6/12/07, 10:17 pm

1 Answer from Attorneys

Michael Hendrickson Law Office Michael E. Hendrickson

Re: time share rescission in VA.

Unless the contract specifically says

that you could now cancel with impunity(no penalties), it would appear that you now must number yourselves among the "long (and ever growing) gray line" of disappointed/disgruntled owners of interests in fee simple vacation properties(aka timeshares) owned by companies who should not be be allowed to continue their predatory practices unchecked upon naive and ill informed American consumers who have little understanding as to what they're really buying themselves into (i.e., nothing that they can sell nor that anyone else wants to buy, but that they must keep paying for). But for some reason, the Commonwealth's legislators forbear from imposing real penalties for the predatory pracices of these hawkers of timeshares upon Virginia consumers.

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Answered on 6/12/07, 10:41 pm


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