Rescind my Timeshare

[Sree]

Sorry, certified mail or certified receipt.

I found a letter that says
"STATE OF CALIFORNIA DEPARTMENT OF REAL ESTATE SUBDIVISONS
RESCISSION RIGHTS(Time Share)"
It clearly says
"..you must notify the developer in writing of your intent to cancel within seven calendar days of receipt of the public report or the date you sign the purchase contract.."
I am resident of california..and What all do i need to enclose in this certified mail?

 

[GT75]

Glad to know that you found that you have the legal time to get this done. The important thing is, did you find the address (sometimes it might also be a fax number) on where to mail the certified letter? That is important.

I will add these previous posts for information

A simple letter that states your name(s), the contract or reference number, and a statement saying that you want to rescind the contract. No need to give a reason. It must be signed by all of the same people that signed the original purchase contract.

Then send it via certified USPS mail so that you have proof of it being sent.

Kurt

You could also include a copy of the face page of your contract for identification.

BTW, they may contact you to talk you about it. Do not talk to them!
They even may say, "Before we process, we want to confirm..." That's a ruse.
You will be talking to a salesman, not the peep who process the rescission.

 

[Sree]

Glad to know that you found that you have the legal time to get this done. The important thing is, did you find the address (sometimes it might also be a fax number) on where to mail the certified letter? That is important.

I will add these previous posts for information

Yes i did find the address to where to send the certified letter. Even though its confusing with all this california and nevada timeline. I am gonna go ahead and send it for now and hope for the best!

 

[DeniseM]

All the details about rescinding: http://tug2.net/timeshare_advice/cancel_timeshare_purchase.html

 

[Passepartout]

The place that governs how much time you have to rescind is where you signed the contract. In Nevada, its 5 calendar days.

 

[Sree]

The place that governs how much time you have to rescind is where you signed the contract. In Nevada, its 5 calendar days.

"..If the state where the solicitation to purchase a timeshare interest occurred offers a rescission period greater than the state where the purchase is consummated, then the longer period shall apply..". I believe that is why i was given a addendum for california which clearly states i have 7 calendar days..Can some clarify if i am interpreting this accurately?

 

[Passepartout]

What we say here doesn't count. The one that matters is HGVC. If they allow the rescission, you're good. If not, you are facing a lot of unnecessary expense. You are the one who waited to rescind. Not us.

 

[DeniseM]

At this point - I would focus on getting the letter written, and in the mail ASAP - certified.

 

[Sree]

What we say here doesn't count. The one that matters is HGVC. If they allow the rescission, you're good. If not, you are facing a lot of unnecessary expense. You are the one who waited to rescind. Not us.

Yes yes.. i agree sorry i was just trying to get a interpretation of the package i received. Anyway i am sending it thanks!

 

[Sree]

At this point - I would focus on getting the letter written, and in the mail ASAP - certified.

Doing it..thanks!

 

[DeniseM]

Good luck!

 

[Juxtapose]

I looked through my original docs and it had both the Florida and Nevada cancellation date notices within the packet - a page for each stating that states rights to cancel. Seemingly to notify me that I had the right to cancel within each state's period - so I'd follow the instructions for the one you were (are?) still within. I'm guessing that you're still good using the Florida date, because of this.

Hope it worked out for you!

 

[Sree]

Hi All,

Just wanted to update you all.. I have got my deposit(full amount) back on my CC. I did not receive any call or emails saying the contract has been rescinded.

Thank you for all the help.

 

[GT75]

Wonderful news @Sree, I am so happy that everything worked out for you.