Original Message:
CANCELLING A DEVELOPER BOUGHT TIMESHARE IN FLORIDA ... (by R P.):
The following is information good to know if someone has recently bought a timeshare in Florida and are considering rescinding the purchase.
You may cancel this contract without any penalty or obligation within 10 calendar days after the date you sign this contract, and within 10 calendar days after the date you receive the approved public offering statement, whichever is later. If you decide to cancel this contract, you must notify the seller developer in writing of your intent to cancel. Your notice of cancellation shall be effective upon the date sent and shall be sent to ...(Name of Seller Developer)... at ...(Address of Seller Developer).... Any attempt to obtain a waiver of your cancellation right is void and of no effect unlawful. While you may execute all closing documents in advance, the closing, as evidenced by delivery of the deed or other document, before expiration of your 10-day cancellation period, is prohibited.
For your protection, should you decide to cancel, you should either send your notice of cancellation by certified mail with a return receipt requested or obtain a signed and dated receipt if delivering it in person. Your notice of cancellation is effective on the date sent (postmarked) or delivered to the seller.