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[Q=yuliyam12] Hello, we had purchased Weatgate deeded timeshare yesterday but already regretting this poor decision Can we rescind this agreement? How to rescind it? We are in Florida and this property was financed by the resort as well Thank you[/Q] Florida [b]law[/b] (not developer benevolence) provides you with 10 days (the longest time period in the U.S., along with Tennessee) to cancel that contract — and the associated financing. Wastegate (and every other developer in the U.S.) is also [b]required by law[/b] to provide you with a notice of your rescission (cancellation) rights, as well as instructions on where to send your signed, written rescission. This information has actually already been provided to you at the time of contract execution, [b]but[/b].... Wastegate is notorious for making that rescission information very difficult for you to find, but you ALREADY have it -- somewhere. It's either buried within the contents of a CD-ROM or on a thumb drive given to you at the time of contract execution, or it may be in print on paper hidden away inside a binder with a black velcro strip, given to you at the time of contract execution. Find it, and follow the instructions precisely. You must cancel in writing, under the signatures of everyone who signed the contract and send your rescission correspondence by certified U.S. Mail. Phone calls, faxes and emails are all completely useless and legally meaningless in a contract cancellation. Don't even answer the phone when the sales weasels call you later (and yes, they WILL call you to try to get you to change your mind). Don't even talk to them at all. Just follow the rescission instructions precisely and let the law work for you. You have rights, but some prompt and focused effort is now required for you to exercise those rights in time. The clock is already ticking; get right on this. If you snooze, you [b]will[/b] lose. You really should have [b]NOTHING[/b] to do with the likes of slimy Wastegate. Get out of this contract right now while you still can, or you will deeply regret failing to rescind (cancel) this contract for a very long time to come. Get hopping!