Timeshare Rescission Period

The rescission period (also called the "cooling-off period") is a legally mandated window after purchasing a timeshare during which you can cancel the contract without penalty and receive a full refund. This right exists in every U.S. state, though the specific duration varies.

How It Works

After you sign a timeshare purchase contract, the clock starts ticking. You have a set number of days (determined by the state where the timeshare is located, or where you signed the contract) to submit a written cancellation. The cancellation must be in writing — verbal requests are not sufficient — and should be sent via certified mail with return receipt requested.

Common Rescission Windows by State

Note: These are approximate. Always verify the specific rescission period stated in your contract, as it may differ based on when and where you purchased.

What If You've Missed the Window?

If you're past your rescission period, you still have options. Legal cancellation through attorneys who specialize in timeshare contract law can identify other grounds for termination — misrepresentation, fraud, UDAP violations, undisclosed fees, and more. Many successful cancellations happen years or even decades after purchase.