• The TUGBBS forums are completely free and open to the public and exist as the absolute best place for owners to get help and advice about their timeshares for more than 30 years!

    Join Tens of Thousands of other Owners just like you here to get any and all Timeshare questions answered 24 hours a day!
  • TUG started 31 years ago in October 1993 as a group of regular Timeshare owners just like you!

    Read about our 30th anniversary: Happy 31st Birthday TUG!
  • TUG has a YouTube Channel to produce weekly short informative videos on popular Timeshare topics!

    Free memberships for every 50 subscribers!

    Visit TUG on Youtube!
  • TUG has now saved timeshare owners more than $23,000,000 dollars just by finding us in time to rescind a new Timeshare purchase! A truly incredible milestone!

    Read more here: TUG saves owners more than $23 Million dollars
  • Sign up to get the TUG Newsletter for free!

    Tens of thousands of subscribing owners! A weekly recap of the best Timeshare resort reviews and the most popular topics discussed by owners!
  • Our official "end my sales presentation early" T-shirts are available again! Also come with the option for a free membership extension with purchase to offset the cost!

    All T-shirt options here!
  • A few of the most common links here on the forums for newbies and guests!

hicv cancellation help

mpruter

Guest
Joined
Aug 7, 2024
Messages
4
Reaction score
3
We are looking to rescind our HICV and we cannot find the page where it says what all we need to include in the letter to cancel. I see where it says what information is needed for cancellation. All I can find is it saying:
As fully set forth in the Florida Public Offering Statement, Florida law provides that you may cancel the Purchase Agreement for the purchase of an Interest in Orange Lake Land Trust, without any penalty or obligation, within ten (10) calendar days after the date you sign the Purchase Agreement. Similarly, Tennessee law provides that you may cancel the Purchase Agreement for the purchase of an Interest in Orange Lake Land Trust within ten (10) days from the date of the signing of the Purchase Agreement where you have made an on-site inspection of the timeshare project or any component site prior to signing the Purchase Agreement. Notwithstanding the foregoing sentence, however, in the event you have not made an on-site inspection of any portion of any component site of Orange Lake Land Trust, a nonspecific multisite timeshare plan, prior to signing the Purchase Agreement, you may cancel the Purchase Agreement for the purchase of an Interest in Orange Lake Land Trust within fifteen (15) calendar days from the date you sign the Purchase Agreement. If you elect to cancel, you may do so by: (i) hand delivering notice of cancellation to the other party at 9271 S. John Young Parkway, Orlando, Florida 32819 within the designated period for voiding the Purchase Agreement; or (ii) mailing notice of cancellation by prepaid United Stated mail at 9271 S. John Young Parkway, Orlando, Florida 32819 within the designated period for voiding the Purchase Agreement to the other party or to the other party’s agent for service of process; or (iii) sending notice of cancellation via electronic mail at Cancellations@holidayinnclub.com time stamped within the designated period for voiding the Purchase Agreement to the other party.
 

GTLINZ

TUG Review Crew: Veteran
TUG Member
Joined
Mar 31, 2008
Messages
1,145
Reaction score
534
Location
Georgia
It sounds like you need immediate attention - it would be wise to post in the HICV section also.

 

dioxide45

TUG Review Crew: Expert
TUG Lifetime Member
Joined
May 20, 2006
Messages
50,718
Reaction score
22,207
Location
NE Florida
Resorts Owned
Marriott Grande Vista
Marriott Harbour Lake
Sheraton Vistana Villages
Club Wyndham CWA
Your letter just needs to include your intent to cancel along with some reference to the contract, such as your contract number. The letter should be signed by everyone that signed the contract. Including a copy of the first and signature page of the contract is also a good idea. Since they provided an email address, it is best to email it and then also send a first class letter (regular stamp) with a Certificate of Mailing. The Certificate of Mailing is proof that something was sent from an address and to an address and is physically postmarked by the postal employee and given to you to retain.
 

TUGBrian

Administrator
Joined
Mar 24, 2006
Messages
23,369
Reaction score
9,190
Location
Florida
congrats on rescinding your timeshare and saving thousands!
 

acimlee

TUG Member
Joined
Oct 21, 2024
Messages
1
Reaction score
0
We are also wanting to rescind our new membership as we are within the 10-day right to cancel period. We signed up for a 0% interest loan with a downpayment of $10,975 with the balance to be paid over the next 12 months (Total purchase price was $27,900.) The charge on the credit card was to "HICV CAPTIAL MGMT MAIN". So would we need to do anything different than stated above since there is a financing company apparently involved? Thank you!
 

TUGBrian

Administrator
Joined
Mar 24, 2006
Messages
23,369
Reaction score
9,190
Location
Florida
follow the directions in your signed sales contract to the letter. doing so reverts everything including any downpayment or financing agreement you made.

congrats on saving 28k!
 
Top