Original Message:
Re: Diamond Resorts reduces owner benefits again! (by B S.):
"I don't know where you get a cooling off period when purchasing a timeshare. When I bought at Los Abrigados from ILX I had none. That's in Arizona. Then DRI came in and took over. My maintenance fees have risen 42%. I went to an "update" with Diamond Resorts and they almost convinced me that giving them more money for more points would be better. At the signing of the papers I was told there was NO COOLING OFF PERIOD. At that point I walked."
Here is a state-by-state list of rescission periods from RCI. According to this AZ's period is 7 days. http://rcivip.com/timeshare-rescission-period-in-us/ Here's another from ARDA. http://www.arda.org/uploadedFiles/ARDA/Government_Affairs/Government_Affairs_Call_Out_Boxes/RescissionPeriodsNov2010.pdf