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Re: New time share owner - want out! (by R P.):

cathyv37 wrote:

We purchased a timeshare at the Westgate Villa's and Towers in Orlando last week, think it was July first. After arriving home we realized that it was a huge mistake and talking with my brother inlaw about the in's and out's of purchasing. We found out that we had a ten day "cooling off period" so I contacted a real estate lawyer and did what he suggested, it worked. Can't believe it was that easy.................CV

Actually, you didn't have to retain an attorney to rescind a developer bought timeshare contract that's within the rescission period. A simple note, including details of purchase saying that you've changed your mind and sent by USPS certified mail with return receipt would have been all that was necessary. Rescission days (or the cooling off period) is the law and resorts get them everyday.