In addition, besides the regular maintenance fees each year, there can be frequently unique evaluations. One surprised group of a number of thousand timeshare owners in Kauai, Hawaii found themselves on the hook for almost $5,800 in special evaluation maintenance costs one year, on top of their $1,400 in annual fees, when the resort owner, Diamond Resorts International, said in 2011 the resort on Poipu Beach would have to be essentially rebuilt for $65 million due to the fact that of water damage.

In Florida, for instance, where almost 25% of U.S. timeshares lie, it is 10 days, and money needs to be reimbursed back to the customer within 20 days after receiving a cancellation notice. In addition, if you do buy a timeshare, be mindful that some states have stronger rights of rescission than others, and timeshare business are aware which are weaker.

westfield cancellations