Cancelling Timeshares
If you are a timeshare owner in Nevada and want to cancel your purchase, you have the right to do so within the first five days after signing the contract. The timeshare developer must provide a statement in the purchase agreement informing you of your right to cancel the transaction.
To cancel the purchase, you must provide written notice of cancellation to the developer by midnight of the fifth calendar day following the date on which you signed the contract. The written notice can be delivered personally, sent by certified mail with return receipt requested, or sent by express, priority, or recognized overnight delivery service with proof of service.
If you cancel the purchase, you are entitled to a full refund of all payments you have made toward the purchase. The developer must return all payments within 20 days after receipt of the notice of cancellation. Due to the unscrupulous nature of many timeshare companies, it is best to give said notice with a formal demand letter from an attorney's office.
Even if you the five-day deadline has expired, we can evaluate your situation to search for oversights or misconduct by the timeshare company which would entitle you to cancel.
If you are facing any issues with cancelling your timeshare purchase, it’s important to consult with an experienced attorney who can help you understand your legal rights and options. At Pearson Law, we have extensive experience in handling timeshare cancellation cases in Nevada. Our team of skilled attorneys has a deep understanding of the legal issues involved in these cases, and we are dedicated to helping our clients achieve their goals and protect their rights.
Contact us today to schedule a consultation and learn how we can help you with your timeshare cancellation.