Real Estate Law
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Thanks for the quick reply.
Can I review the contract and then get back to you and pay you tomorow, not the initial amount, but I will pay little extra there is some remedy clause?
Also to add to this, they said they will keep the deposit and will say to credit beaurau about me missing the payment. How much would that affect my credit history or how much it would affect me?
Here are the points on contract:
a. Receipt: Owner has received an exact copy of this agreement and any other documents signed with this agreement with all blank filled in.b. This contract is to be construed according to the laws of Nevada and specially chapter 119A of NRS.c. The purchaser of a timeshare, may cancel by written notice, the contract of sale until midnight of 5th calender day after the date of execution of contract.d. The right of cancellation cannot be waived. Any attempt by the developer to obtain a waiver results in a contract which is voidable by the purchaser.e. Notice of cancellation may be delivered personally to the developer or sent by certified mail or telegraph to the business address of the developer.f. The developer shall within 15 days after receipt of the notice of cancellation return all payments made by the purchaser.
How can this help?
I should have asked, is there anything in contract I can use?
Unfortunately, it cannot help unless you are within the cancellaton period of five days.
You may want to contact your local legal aid and have them review the contract for another way out of the contract. The time share contracts are drafted by Wyndam's own lawyers and they will be difficult to cancel without penalty.
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