Original Message:
Re: Misrepresentations in the timeshare world .... beware (by Pat S.):
john1671 wrote:Great posting jayjay...To add one point, the "right of rescission" which jayjay refers to as a 'cooling off period" varies by state from 3 to 14 days. But it is always written somewhere in the fine print.
Buying a timeshare which is not located in the USA, while you are outside the USA, means NO right of rescission. 5 minutes after signing, you are bound unless you can beat up the salesperson and grab the contract back :)
I don't know about all countries outside the US, but I do know that Mexico has a 5 day right of recission. There is a consumer agency called Profeco that can be contacted if there are problems. I did back out of an upgrade this past January when at the Mayan Palace. There was no problem doing so.