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Can I cancel a contract to buy a timeshare in South Carolina 7 days later? Can I have my bank stop the draft for the down payment?
Optional Information: State/Country relating to question: South Carolina
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Thank you.South Carolina law provides purchasers with a 5 day right to rescind a timeshare agreement. Generally, this means 5 business days not counting the date on which the contract was entered into.If this period has not yet lapsed, then a purchaser should send written notice of rescission to the seller and retain proof that the notice was sent. Best regards, Tina ___________________________________________________________________________________ Please press the ACCEPT button so I may be credited and paid for my time by Justanswer.com. Positive feedback and a BONUS are always appreciated. Thank you and the best of luck to you!
Experience: 15 years of legal experience including real estate law.