Cooling Off Period

So what is the cooling off period for timeshare?

Well, this term refers to the time when you are able to change your mind about your timeshare contract. After this time you will not be able to cancel your timeshare unless you can prove that the contract was not legal or that you have been involved in a timeshare scam or fraud.

The cooling off period is a legal requirement in most countries to protect consumers from scams, although it is rarely applied as most people do not agree to buy a timeshare and spend a large sum of money unless they are convinced. In any case, this times span is given as days of grace in the same way that stores allow you to return unwanted items.

The length of the cooling off period depends on the country where you purchased the timeshare and can be anything from 7 to 14 days. If in doubt, ask the timeshare developer where you bought your timeshare.

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