Last updated 2026-07-24
TL;DR
A timeshare contract is a legally binding agreement granting you recurring vacation use in exchange for an upfront purchase price plus annual maintenance fees. Most contracts are deeded or right-to-use lasting decades or in perpetuity, with escalating fees that pass to your heirs. You can exit during your state's rescission window (typically 3-15 days), through a developer deed-back program if offered, or by private resale, though resale value is often near zero.
What is a timeshare contract?
A timeshare contract is the purchase agreement between you and the developer or resort that defines your ownership type, usage rights, annual fee obligations, and transfer rules. The contract typically runs 20 to 40 pages and includes a promissory note if you financed the purchase, a deed or certificate of ownership, and the resort's bylaws or declaration of covenants [1]. Most timeshare contracts fall into two categories. Deeded ownership gives you a recorded property interest, usually a fractional fee-simple deed or a tenancy-in-common share, which means you own a slice of real estate and it passes to your estate when you die [2]. Right-to-use contracts grant you a lease or license to use the property for a fixed term (often 30 to 99 years) without conveying a deed, and the interest expires at the end of the term [1]. Both types obligate you to pay annual maintenance fees, special assessments, and sometimes club dues. The American Resort Development Association reports that 9.9 million U.S. households owned timeshare intervals as of 2022, with an average purchase price of $24,140. The contract locks you into those fees in perpetuity (or for the lease term), and fees rise most years. The average annual maintenance fee was $1,120 in 2022, up from $980 in 2018. Some contracts include an automatic escalation clause pegged to inflation or indexed to operating costs. Your signature on the contract starts the clock on your rescission period, a statutory window during which you can cancel without penalty. Once that window closes, the contract is fully enforceable, and getting out requires the developer's consent, a deed-back program, resale, or (rarely) court action.
What terms are buried in a timeshare contract?
Timeshare contracts are dense and intentionally complex. Here are the terms that catch most owners by surprise. Perpetual obligation and heirs. Deeded timeshares are real property. Unless you deed it back or sell it, the obligation passes to your estate and then to your heirs [2]. Many owners discover this only when a parent dies and they inherit both the unit and the maintenance fees. Unlimited fee increases. Nearly every contract includes language allowing the homeowners association or resort to raise maintenance fees as needed to cover operating costs, capital reserves, insurance, and debt service [3]. There is no cap. Increases of 5-8% per year are common; special assessments for roof replacements, hurricane damage, or litigation can add thousands in a single year. No guaranteed occupancy. Even if you own a fixed week, the contract usually reserves the resort's right to substitute a comparable unit if yours is damaged or under renovation. Points-based and floating-week contracts offer even less certainty: availability depends on inventory and booking windows, and popular dates disappear fast. Transfer and resale restrictions. Most contracts require you to offer the property back to the developer or the resort association before selling to a third party (a right of first refusal) [1]. Some prohibit or heavily restrict resale advertising. Developer approval is often required to transfer the deed, and the buyer must meet credit and membership criteria. These clauses strangle the resale market. Arbitration and choice-of-law clauses. Many contracts require binding arbitration in the developer's home state for any disputes, waiving your right to sue in court or join a class action [1]. This makes it expensive and difficult to challenge fee increases or contract terms. No developer buy-back guarantee. Salespeople often imply the developer will buy the timeshare back or that it holds investment value. The contract itself almost never promises this. Resale values on the secondary market are typically 0-10% of the original purchase price [4].
How much does a timeshare cost?
Timeshare costs break into three buckets: purchase price, ongoing fees, and financing if you took a loan. The average purchase price for a one-week timeshare interval in the U.S. was $24,140 in 2022. That's an industry average; beachfront resorts in Maui or Orlando can run $40,000 to $70,000, while off-season weeks in less-desirable locations sell for under $15,000. Points-based vacation club memberships often start at $20,000 to $30,000 for an entry-level allotment. Annual maintenance fees averaged $1,120 in 2022, up 14% from 2018. These fees cover property management, utilities, insurance, reserves, and staff. They are billed every year regardless of whether you use the property. If you skip payment, the resort can foreclose, report the debt to credit bureaus, and sue for the balance plus legal fees [3]. Special assessments are one-time or multi-year fees levied for capital projects, disaster repairs, or litigation settlements. A hurricane repair assessment might be $2,000 to $5,000 per owner. A major renovation or building code upgrade can run higher. If you financed the purchase, timeshare loans carry interest rates between 12% and 18% [2], far above a mortgage or car loan. A $25,000 purchase financed at 15% over 10 years costs roughly $5,000 in interest per year, or $50,000 total. Paying off the note does not end your obligation; you still owe the annual fees. Over 20 years, a typical timeshare costs $47,000 in fees alone (assuming 4% annual growth from the $1,120 baseline), plus the original purchase price and any financing costs. A $25,000 timeshare financed at 15% costs roughly $100,000 all-in over two decades.
How do you get out of a timeshare contract?
Getting out depends entirely on timing and whether the developer cooperates. There are four main paths, and none is quick if you're past the rescission window. 1. Rescission (cancellation during the statutory window). Every U.S. state and many international jurisdictions grant buyers a short rescission period, typically 3 to 15 days from contract signing or receipt of the public offering statement, whichever is later [5]. During this window you can cancel for any reason with no penalty. You must send written notice by certified mail to the address specified in your contract. Florida allows up to 10 days [6]; Nevada allows 5 calendar days ; California allows 3 to 7 days depending on the type of timeshare . Check your contract and confirm your state's rescission window immediately if you just bought. This is the only clean, cost-free exit. 2. Developer deed-back or exit programs. Some developers and resort associations now offer voluntary surrender or deed-back programs that let you return the timeshare to the resort in exchange for release from future fees . Wyndham, Marriott, Diamond, and Hilton Grand Vacations have formal programs, but each has eligibility rules: your account must be current, your loan paid off, and you may need to own for a minimum number of years. There is no legal requirement for a developer to accept a deed back, and many smaller resorts do not offer any program. If your resort has one, this is the cleanest exit once you're past rescission. Our article on deed-back programs explains eligibility and how to apply. 3. Resale. You can list the timeshare for sale on the secondary market through a licensed broker or a resale platform like RedWeek or Timeshare Users Group. Resale prices are brutal: most weeks sell for $1 to $1,000, and many owners pay a buyer to take the deed [4]. Expect months or years to find a buyer. The resort or developer will charge a transfer fee (typically $300 to $800) and may require buyer approval. If you owe money on the note, you must pay it off before transfer. Resale is slow and low-yield, but it's legal and legitimate. Avoid any resale company that charges a large upfront fee before finding a buyer; that's a common scam . 4. Third-party exit companies. Some companies promise to cancel your timeshare contract through negotiation, legal pressure, or loopholes. The Federal Trade Commission warns that many are scams: they charge $4,000 to $10,000 upfront, then disappear or deliver nothing . A few legitimate firms exist, typically staffed by attorneys, but they cannot guarantee an exit and their fees are high. Our guide on timeshare exit companies explains how to vet them and avoid fraud. The FTC's warning page is at ftc.gov/timeshares . What doesn't work. Stopping payments does not cancel the contract. The resort will report the delinquency to credit bureaus, assess late fees and interest, and may foreclose or sue [3]. You remain liable for all fees accrued. "Timeshare donation" to charity is almost always a scam; legitimate charities rarely accept timeshares because of the ongoing fee liability . No exit method is instant, and any company that promises a result or asks for money before performing work is a red flag. For a step-by-step breakdown of each exit method, see our main guide on how to get out of a timeshare.
Are timeshares scams?
Timeshares are not scams in the legal sense; they are legitimate real estate or leasehold products regulated by state and federal law. But the sales practices, economic structure, and post-sale experience lead many owners to feel scammed. The Federal Trade Commission regulates timeshare advertising and sales under the FTC Act and publishes extensive consumer guidance . Every state has specific statutes governing timeshare sales, mandatory rescission periods, disclosure requirements, and licensing for salespeople [5]. The product itself is legal. The problem is the disconnect between what's promised at the sales presentation and what the contract actually delivers. High-pressure sales tactics are endemic: presentations routinely last four to six hours, salespeople use urgency and scarcity, and buyers are given little time to review the contract . Promises of rental income, investment appreciation, or easy resale are common but almost never pan out [4]. The contract itself contains the real terms, and those terms are one-sided. Timeshares lose 80-90% of their value the moment you sign. You cannot sell them for anything close to what you paid. Maintenance fees rise without limit, and you have no exit unless the developer agrees or you find a buyer willing to assume the obligation [3]. These are structural features, not accidents. Many state attorneys general have taken action against specific developers and sales operations for deceptive practices. In 2020, the Missouri Attorney General sued Westgate Resorts for high-pressure tactics and misrepresentations . Other enforcement actions have targeted exit companies and resale scams that prey on desperate owners . If you bought within the rescission window, cancel immediately. If you're past that window, a timeshare is not a scam you can simply report and undo, but it is a bad financial product with very few exit options. Treat it as a binding real estate obligation and explore the narrow paths out: deed-back programs, resale, or rarely, a vetted exit attorney.
What is the rescission period and how do you cancel?
The rescission period is a statutory cooling-off window during which you can cancel a timeshare contract for any reason, with no penalty, and receive a full refund of your deposit [5]. It exists to protect buyers from high-pressure sales tactics and is your only clean exit. Every U.S. state sets its own rescission period, typically ranging from 3 to 15 calendar days [5]. The clock starts either on the date you signed the contract or the date you received a copy of the contract and the public offering statement or disclosure document, whichever is later. A few examples: - Florida: 10 calendar days [6] - Nevada: 5 calendar days - California: 3 to 7 days depending on whether the sale was on-site or off-site - Tennessee: 10 days - Texas: 5 days Your contract must disclose the exact rescission period and the procedure for canceling, usually on the first or last page in bold or all caps [5]. If the developer fails to provide this disclosure, the rescission period may extend until proper notice is given. To cancel, you must send a written rescission notice by certified mail, return receipt requested, to the address specified in your contract [5]. The notice must be postmarked within the rescission period; it does not matter when the developer receives it. A simple letter works: > "I am exercising my right to cancel the timeshare purchase agreement signed on [date] for [property name, unit/week number]. This letter is my formal notice of rescission under [state] law. Please refund my deposit of $[amount] and cancel all financing." Include your name, address, contract number, and signature. Keep a copy of the letter and the certified mail receipt. The developer must refund your deposit (minus any usage charges if you stayed at the property) within a set period, typically 15 to 30 days [5]. If you're still inside the rescission window and regretting the purchase, act today. This is the only clean, cost-free exit you will ever have. Once the window closes, the contract is binding and your options narrow dramatically. Our article on timeshare cancellation provides state-by-state rescission rules and sample letters.
Can you sell a timeshare?
Yes, you can legally sell a timeshare, but expect to sell for a fraction of what you paid, and expect the process to take months or years. The secondary market is flooded with inventory, and demand is near zero. Resale prices on the open market are typically $1 to $1,000 for most weeks, regardless of the original purchase price [4]. High-end Marriott or Westin weeks in prime locations might fetch $2,000 to $5,000, but that's rare. Many owners end up paying a buyer $500 to $2,000 in closing costs and transfer fees just to offload the obligation [4]. The market has spoken: a timeshare is a liability, not an asset. To sell, you can list on resale platforms like RedWeek, eBay, Timeshare Users Group, or the Timeshare Users Group classifieds. Licensed real estate brokers in some states can also list timeshares. Avoid any company that demands a large upfront fee ($500 to $3,000) to list or market your timeshare before a sale closes . That's a classic resale scam. Legitimate brokers charge a commission only after closing. You will need to provide the buyer with a copy of your deed or certificate, the resort's current maintenance fee statement, and the resort's transfer process. The resort or developer will charge a transfer fee (commonly $300 to $800) and may require the buyer to apply and be approved as a member [1]. If you still owe money on a financed purchase, you must pay off the loan before transferring the deed. Expect no help from the developer. Most developers do not buy back timeshares (despite sales-pitch implications), and many actively discourage resale by imposing high transfer fees, approval hurdles, and right-of-first-refusal clauses [1]. Some resorts will simply refuse to process the transfer if the buyer doesn't meet their standards. If you can't find a buyer, consider offering the timeshare for $1 or paying a buyer's first year of maintenance fees as an incentive. It sounds absurd, but it reflects the real market. The goal is transferring the obligation legally so you stop paying fees. If resale fails after a year or two, explore whether your resort offers a deed-back program or a voluntary surrender option. Never donate a timeshare to a charity that contacts you out of the blue. Legitimate charities rarely accept timeshares because of the maintenance fees, and many "donation" programs are fronts for resale scams that charge processing fees and never transfer the deed . Check the charity's IRS status and consult the state attorney general's charity registry before proceeding.
What happens if you stop paying maintenance fees?
Stopping payment on your timeshare maintenance fees does not cancel the contract. The fees are a contractual obligation, and the resort or homeowners association will pursue collection aggressively [3]. Here's what happens. The resort first assesses late fees and interest, typically 10-18% annually [3]. After 60 to 90 days of delinquency, the account is reported to credit bureaus as a collections account, which damages your credit score. The resort or HOA will send the debt to a third-party collections agency or an attorney. The resort has two legal remedies. First, it can sue you in civil court for the unpaid fees, late charges, interest, and attorney's fees [3]. If the resort wins a judgment, it can garnish wages (where state law allows) or place a lien on other property you own. Second, if your timeshare is deeded real property, the resort can foreclose on the timeshare itself, much like a mortgage lender [2]. Foreclosure wipes out your interest, but you remain liable for fees accrued before the foreclosure and for any deficiency if the resort's costs exceed the value of the timeshare (which is almost always the case). In some states, the resort must go through a judicial foreclosure process, which can take a year or more and costs the resort significant legal fees [2]. In those cases, the resort might offer a settlement: you sign over the deed voluntarily (a deed-in-lieu of foreclosure) in exchange for the resort waiving some or all of the past-due fees. But the resort has no obligation to offer this, and you cannot force it. Stopping payment is not a strategy. It trashes your credit, exposes you to lawsuits and judgments, and does not guarantee you'll be released from future fees unless the resort forecloses and chooses not to pursue a deficiency. Some owners treat it as a last resort after exhausting deed-back options and resale attempts, but it's destructive and risky. If you're underwater on fees and see no way out, consult a consumer attorney in your state who handles timeshare or real estate issues (not an exit company). An attorney can review your contract, assess whether the resort has viable claims, and negotiate directly with the resort or HOA. Some resorts will agree to a deed-back or settlement if you have documentation of financial hardship.
How do deed-back and exit programs work?
Deed-back programs (sometimes called surrender, exit, or relief programs) allow you to voluntarily return your timeshare to the developer or resort in exchange for release from future maintenance fees . They are the cleanest exit option if you're past rescission and can't resell. Not every resort offers a deed-back program. The major vacation club operators (Wyndham Cares, Marriott Vacation Club Flex, Diamond Resorts Transitions, Hilton Grand Vacations Club Counselor) have formal programs, as do some large HOAs . Smaller independent resorts often do not. Eligibility requirements vary, but common rules include : - Your account must be current (no past-due fees) - Your purchase loan must be paid in full - You must have owned the timeshare for a minimum period (often 1-3 years) - The deed must be free of other liens - You may be required to pay a transfer or processing fee ($250 to $750) Some programs are marketed as "relief" or "transition" and target owners experiencing hardship (job loss, death of a spouse, medical issues), but others accept any owner who meets the criteria . The process typically requires you to complete an application, submit proof of ownership (your deed or purchase contract), provide current financial or hardship documentation if required, and pay any outstanding balance or exit fee. The resort reviews the application (often taking 30 to 90 days) and, if approved, prepares a deed-back or quitclaim deed transferring the property back to the resort or HOA. Once recorded, you are released from future fees. You remain liable for fees incurred up to the transfer date. Deed-back programs are not advertised widely. You must contact your resort's owner services department or HOA directly and ask if a surrender or exit program exists. Do not rely on a third-party exit company to do this for you; they charge thousands of dollars for a phone call you can make yourself . If your resort does not offer a formal program, you can still request a voluntary deed-back in writing, especially if you're facing financial hardship or the property is difficult to resell. Some resorts will accept it to avoid the cost of foreclosure. Expect a 'no' more often than a 'yes', but it costs nothing to ask. For a detailed walk-through of which developers have programs, eligibility rules, and how to apply, see our guide on deed-back programs.
How do you avoid timeshare exit scams?
Timeshare exit scams target desperate owners and cost victims an average of $4,000 to $15,000 with zero results . The Federal Trade Commission has issued multiple warnings and brought enforcement actions against fraudulent exit companies . Here are the red flags. Any company that does the following is almost certainly a scam: - Demands a large upfront fee ($3,000 to $10,000) before performing any work - Promises it can cancel your contract or offers a full refund if it fails - Advises you to stop paying your maintenance fees or to cut off contact with the resort - Tells you to forward all resort correspondence to the exit company and ignore collection notices - Refuses to provide a written contract detailing its services, fees, and timeline - Uses high-pressure sales tactics or claims the offer is only good today Legitimate timeshare attorneys and exit services exist, but they are rare. A real attorney will provide a written retainer agreement, a state bar license number you can verify, and a realistic assessment of your options (which often includes "you may be stuck"). They typically charge $2,000 to $5,000 and work on an hourly or flat-fee basis, not a percentage of what you "save" . The FTC guidance on timeshare resale and exit fraud is at ftc.gov/timeshares . Key advice: never pay upfront fees for resale or exit services until the work is complete, verify any company through your state attorney general's office or the Better Business Bureau, and get everything in writing. If a company cold-calls you or reaches out via social media offering to "cancel" your timeshare, hang up. Scammers buy lists of timeshare owners (often from other scammers) and call hundreds of people a day . They know you're motivated, and they sound confident. They are not legitimate. Another scam variant: fake attorneys or law firms that claim to have found a "loophole" or a class-action settlement that applies to your resort. They ask for a retainer to "represent" you. Verify the attorney's bar license at your state bar association's website, call the state bar directly, and Google the firm's name plus "scam" or "complaint." Real class-action settlements are public, court-supervised, and do not require you to pay to participate. If you already paid an exit company and received nothing, file a complaint with the FTC at reportfraud.ftc.gov, your state attorney general, and the BBB. You may be able to dispute the charge with your credit card issuer if you paid within the past 60-120 days. Recovery is difficult, but reporting helps shut down the operation and warn others. For a detailed breakdown of exit scam tactics, how to vet a company, and what legitimate exit paths exist, see our article on avoiding timeshare exit scams.
What should you do if you just signed a timeshare contract?
If you signed a timeshare contract in the past few days and you're having second thoughts, you can still cancel for free. Here's what to do right now. First, find your rescission notice. It's usually on the first page or the signature page of the contract, often in bold or all caps [5]. It will state the number of days you have to cancel (typically 3 to 15 depending on your state) and the address where you must send your cancellation letter. The clock starts on the date you signed or the date you received a copy of the contract and the public offering statement, whichever is later. Second, write a short cancellation letter. It does not need to be fancy. State your intent to cancel, include your name, address, contract date, property name, and contract or account number, and sign it. Example: > "I hereby exercise my right to rescind the timeshare purchase agreement I signed on [date] for [property name, unit/week]. This letter is my formal notice of cancellation under [your state] law. Please refund my deposit of $[amount] in full and cancel all financing arrangements." Third, send it by certified mail, return receipt requested, to the address specified in your rescission notice [5]. Do this today. The cancellation is effective when the letter is postmarked, not when the developer receives it. Keep a copy of the letter, the certified mail receipt, and the return receipt. Fourth, stop using the property and do not make any payments on the timeshare after you mail the cancellation letter. If you financed the purchase, send a separate cancellation letter to the lender at the address in your loan documents. Some states require you to cancel both the purchase contract and the promissory note separately. The developer must refund your deposit within a time frame set by state law, usually 15 to 30 days [5]. If you used the property between signing and canceling, the developer may deduct the fair market value of that use (one night's rental rate, for example). If you're past the rescission deadline, even by one day, the contract is fully enforceable. Your options narrow to deed-back programs, resale, or negotiating an exit with the developer. Do not rely on verbal promises from the sales team that you can "cancel anytime" or "get your money back if you're not satisfied." Those statements are not in the contract and are not enforceable . For state-by-state rescission deadlines and sample cancellation letters, see our guide on timeshare cancellation.
Frequently asked questions
How do you get out of a timeshare?
If you're inside the rescission window (3-15 days from signing, depending on your state), send a written cancellation letter by certified mail. After rescission closes, your options are a deed-back program if your resort offers one, resale on the secondary market (expect low or zero price), or rarely, hiring a vetted attorney. Stopping payments does not cancel the contract and damages your credit.
How to get out of a timeshare?
Cancel immediately if you're within your state's rescission period. If that window closed, contact your resort to ask if they have a deed-back or exit program. If not, try listing on resale sites like RedWeek or Timeshare Users Group for $1-$1,000. Avoid exit companies that charge large upfront fees; most are scams.
How do you get out of a timeshare contract?
You can legally exit by rescinding during the statutory window (postmark your cancellation within 3-15 days), by surrendering through a developer deed-back program if you're eligible, by selling or giving away the timeshare to a qualified buyer, or by negotiating a settlement with the resort. None is certain once rescission ends.
How to sell a timeshare?
List on resale platforms like RedWeek, eBay, or Timeshare Users Group. Set a realistic price ($1-$1,000 for most weeks). Expect to pay a transfer fee ($300-$800) and wait months. Avoid companies demanding upfront listing fees; they're usually scams. Many owners pay a buyer to take the deed.
How to get rid of a timeshare?
Check if your resort offers a deed-back or surrender program and apply if eligible. If not, try resale. If no buyer materializes after 6-12 months, consider offering the timeshare for $1 or paying first-year fees to a buyer. Foreclosure and credit damage are last-resort outcomes if you stop paying.
Are timeshares scams?
Timeshares are legal real estate products regulated by state and federal law, so not scams in a criminal sense. But high-pressure sales, misleading promises of rental income or resale value, and perpetual fee increases make many owners feel scammed. The product is legitimate but structurally one-sided and nearly impossible to exit.
How much is a timeshare?
The average purchase price was $24,140 in 2022, plus annual maintenance fees averaging $1,120 and rising 3-5% yearly. High-end weeks cost $40,000-$70,000. Total 20-year cost including fees: $47,000 to $100,000+ depending on purchase price and financing.
How much do timeshares cost?
Expect $15,000-$40,000 upfront (average $24,140), $1,000-$1,500/year in maintenance fees, possible special assessments of $2,000-$5,000 for repairs, and 12-18% interest if financed. Over 20 years, all-in cost typically exceeds $50,000.
How much are timeshares?
Purchase prices range from $10,000 for off-season weeks to $70,000 for prime beachfront. Annual maintenance fees average $1,120 but can reach $2,000-$3,000 at luxury resorts. Resale value is near zero; most weeks sell for $1-$1,000 regardless of original price.
How to sell timeshare?
List on RedWeek, eBay, or broker sites. Price it at $1-$1,000 to attract buyers. Provide the deed, fee statement, and resort transfer form. Pay the resort's transfer fee. Avoid upfront-fee resale companies. If no buyer appears, ask the resort about a deed-back program.
Can you cancel a timeshare contract after the rescission period?
No certain method exists after rescission ends. You can ask the resort for a voluntary deed-back, attempt resale, or hire an attorney to negotiate. The contract is legally binding, and the developer has no obligation to let you out unless they offer a formal exit program.
What is a timeshare rescission period?
A state-mandated cooling-off window (3-15 days depending on state) during which you can cancel the contract for any reason and get a full refund. You must send written notice by certified mail, postmarked within the deadline. This is your only clean, penalty-free exit.
What happens if I inherit a timeshare?
Deeded timeshares pass to your estate and heirs like any real property. You inherit the deed and the obligation to pay annual fees. You can disclaim the inheritance in probate (time limits apply), seek a deed-back from the resort, or attempt resale.
Do timeshare maintenance fees ever go down?
Almost never. Fees rise annually to cover operating costs, insurance, reserves, and inflation. Average increases are 3-5% per year, and there is no contractual cap. Special assessments for major repairs or litigation can add thousands in a single year.
Sources
- Florida Statutes Title XXXIII, Chapter 721, Vacation and Timeshare Plans: Deeded timeshares are real property interests that pass to heirs and may be subject to foreclosure for unpaid fees.
- Nevada Revised Statutes Chapter 119A, Sales of Time Shares: Maintenance fees are contractual obligations; nonpayment may result in late fees, credit reporting, lawsuit, or foreclosure.
- Consumer Financial Protection Bureau, Timeshare Financing: Timeshare loans typically carry interest rates of 12-18%, significantly higher than traditional mortgages.
- Florida Statutes § 721.06, Rescission or Cancellation of Contract: Florida allows 10 calendar days to cancel a timeshare purchase, starting from contract signing or receipt of disclosure.
- California Business and Professions Code § 11238, Rescission: California allows 3 to 7 days to rescind a timeshare purchase depending on sale location and delivery of disclosure documents.
- U.S. Government Accountability Office, Timeshare Industry: Trends in Consumer Complaints (2012): High-pressure sales tactics, extended presentations (4-6 hours), and misleading promises of rental income or investment value are common complaints.