[2008] No right to rescisssion in Aruba?

[Bill4728]

In another thread a newbie said that in Aruba, there is no right of rescission at all. Does anyone know if this is true?

Every US state has a law which say that all real estate transactions must have a right to rescission. Mexico as well.

Aruba??

 

[Tia]

Do not know about Aruba but the USVI has no rescission period either.

 

[AKE]

No right to recession in a lot of other countries as well including Canada.

 

[DeniseM]

Do not know about Aruba but the USVI has no rescission period either.

The U.S. Virgin Islands are an organized, unincorporated United States territory. The rescission period is 10 days.

 

[Tia]

Very interesting, where does one find that information online? Thanks .

The U.S. Virgin Islands are an organized, unincorporated United States territory. The rescission period is 10 days.

 

[calgarygary]

No right to recession in a lot of other countries as well including Canada.

That is not quite accurate, legislation is by province and there is a 10 day recission period in Alberta - you can view highlights here.

OP, Aruba is probably covered under Dutch civil law and I would explore your options there. I have yet to see legislation specifically covering timeshares but I have seen lots of info. regarding the right to rescind a contract based upon mistakes.

 

[siesta]

Old thread but wanted to clarify

Every US state has a law which say that all real estate transactions must have a right to rescission. Mexico as well.

this is wrong, Ohio is an example of a state without a mandatory cooling off period.

Which law books have you been reading?

 

[bww]

In New York and Massachusetts there is a 3 day right to cancel on primary residence (including 2nd home in MA.)