resent time share purchase: want to end our contract
This is a discussion on resent time share purchase: want to end our contract within the Mortgages, Refinancing, Foreclosure forum, part of the Buying & Selling Property category; My wife and 3 boys were down to florida a little over 30 days ago and ended up purchasing a ...
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#1 |
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Guest
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My wife and 3 boys were down to florida a little over 30 days ago and ended up purchasing a timeshare from Vacation Village Kissimmee. We live in St. Thomas Ontario, Canada and want to end our contract. What are our legal rights living out of the country? We've had a few changes in our situation and feel it would be a financial burden if we hold on to it. We haven't used it since our purchase obviously but still makes sense for us to get out of this contract if we can. What are our options? Any help on this matter would be appreciated.
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#2 |
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Top Level Member
Join Date: Dec 2009
Posts: 12,581
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I would like to inform you that your agreement terms govern your right to termination. In this regard, generally there is a right to resell the time share bought by you. Alternatively, you may give a termination notice and in this you may be liable to pay for breach of contract as prescribed in the contract and terminate it. If the sale of time share to you was made on grounds which were fraudulent or inaccurate then you may give a written notice to the company. If the time share company does not resolve the matter then you may file a lawsuit. You can bring to the notice of the court that the agreement was not signed by free will and state the inaccurate information provided to you. The court will decide the matter after considering all the facts. Alternatively, you may report the matter to the Federal Trade Commission.
AFF Last edited by AFFA; Jun 6th, 2010 at 06:30 AM. |
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| canada, florida, kissimmee, ontario, purchasing a timeshare, vacation village |
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