Each state passes its own laws regarding the amount of time you have after buying a timeshare property to return it for a full refund. The process of returning an unwanted timeshare shortly after purchasing is known as Timeshare Rescission, or rescinding. The timeshare rescission process refers directly to the interval of time that is legally allowed to pass before you can no longer return a timeshare contract, or change your mind about your time share purchase. The ability to return an unwanted timeshare shortly after purchasing is not something your timeshare salesperson is likely to mention, but it is built into every state's legal code as a protection for consumers; some people also tend to refer to this time as the "cooling off period" following the purchase.
It makes no difference if you purchased your timeshare is through RCI, Wyndham, Celebrity, Disney, Fairfield, Hilton, Hyatt, Mariott, or another timeshare exchange company, the Right to Rescission is entirely dependent on the state law where the timeshare property was purchased. Each set of documents/purchase papers accompanying a timeshare sale will include form explaining how to rescind. It will likely be titled something similar to, "Notice of Mutual Right of Cancellation of Time Share Purchase." If you fall within the window of legal rescission, see the following post - 10 Steps to Successfully Rescind Your Timeshare – for detailed instructions on how you can complete the timeshare deed cancellation and rescission process. Below you will find the timeshare rescission period for each state, and please add your own comments below if you have had experience in a particular state.
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A website has been created – RCI Class Action Lawsuit – to help inform consumers regarding the latest RCI settlement proposal, and effectively spread the word on exactly what RCI is proposing. The site is an excellent source for information for all RCI Weeks members (both past and present week owners) looking to decode the complicated legal jargon RCI is pressing to have passed through the court system. I urge all weeks members to visit the site and carefully digest all of the facts presented, and make an educated decision on whether or not to accept or reject the settlement. This suit is time-sensitive and if you are an objector you must act before November 20, 2009.
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November 4th, 2009 by mandie RCI
The following is a list of RCI-affiliated resorts within Canada that permit domesticated animals i.e. dogs, cats, and birds. This list is subject to change, and you should always call the resort prior to making reservations to confirm their pet policy. Be aware that each resort’s policy is unique. Common differences between resorts include pet deposits, restrictions regarding the pet’s weight and/or breed, and whether or not the animal can be unattended in your room. Most resorts allowing pets do have kennels nearby, and you should contact them at least 3 months in advance of your stay to secure a place for your pet. Always be sure to bring all of your pet’s pets papers, vaccine information, medications, and tags with vacation contact information. For more information on successful vacations with your pet read – Traveling with Your Pet? and Flying with Your Dog – Tips for Taking Dogs on Airplanes
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As of December 2008, it seems a preliminary settlement has been agreed upon regarding the class action lawsuit – Murillo vs. RCI. For background on this lawsuit please read the post RCI Class Action Lawsuit, Murillo vs. RCI. Below you will find the terms and conditions of the settlement benefits in their latest form, which are subject to change. I will keep this post updated regarding any changes or development in the settlement, and what exactly this could mean for RCI members. Please scroll to the end of the post to explore how this settlement could effect you, or to post comments regarding this impending legal action.
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June 30th, 2009 by mandie Legal
So you've done your research regarding timeshares. You know that you can save money buying on the resale market instead of purchasing directly from a developer. You have spent hours perusing timesharing forums and websites. You are well-versed on the difference between points vs. weeks, and your friends have even started emailing you regarding their timesharing questions. But before you take the plunge into timeshare ownership there is one more step I encourage you to take – try before you buy.
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It makes no difference if you purchased your timeshare is through RCI, Wyndham, Celebrity, Disney, Fairfield, Hilton, Hyatt, Mariott, or another timeshare exchange company, the Right to Rescission is entirely dependent on the state law where the timeshare property was purchased. Each set of documents/purchase papers accompanying a timeshare sale will include form explaining how to rescind. It will likely be titled something similar to, "Notice of Mutual Right of Cancellation of Time Share Purchase." If you fall within the window of legal rescission, see the following post - 10 Steps to Successfully Rescind Your Timeshare – for detailed instructions on how you can complete the timeshare deed cancellation and rescission process. Below you will find the timeshare rescission period for each state, and please add your own comments below if you have had experience in a particular state. 