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J.Hazelbaker, Lawyer
Category: Real Estate Law
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What does Florida statutes Section 721.07(6) mean

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What does Florida statutes Section 721.07(6) mean

The purpose of the statute is to require those who sell interests in timeshares to fully disclose all the costs of the timeshare in the contract and to provide those disclosures to the buyer prior to the sale.


In addition, it requires that all contracts contain a ten day cancellation option. And that a full refund is due upon such cancellation and must be made within 20 days.



Please let me know, if you have follow-up questions.


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Customer: replied 8 years ago.
Does the law limit them giving me an extra day if they want to extend the 10 days to 11 if they want to?
No. It requires a minimum of ten days, but does require a maximum. If they are willing to give you eleven days in writing, then that is perfectly legal.
J.Hazelbaker and other Real Estate Law Specialists are ready to help you

Your supplemental information came up after I posted.


Your understanding of the law is correct. The law was created for the protection of the consumer. The ten day is a minimum, not a maximum. The argument of the company is not genuine.