Legal Question in Real Estate Law in Virginia
Time-share rescission
I bought a timeshare on Saturday 6/2/2007 in Virginia and now want to cancel. Do I have any legal rights? Even if the contract says no cancellations?
Asked on 6/04/07, 9:58 am
1 Answer from Attorneys
Michael Hendrickson
Law Office Michael E. Hendrickson
Re: Time-share rescission
If your timeshare purchase resulted from a solicitation over the phone
to your residence or a visit by the seller to your residence, you would have three days to cancel.
Otherwise, no. (Timeshares, as you're apparently now learning, are virtually never a good deal for the purchaser/consumer.)
Answered on 6/04/07, 10:18 am