Registered: Not Yet
Location:
Posts: N/A

On July 30, 2005, Ontario passed Consumer Protection Act, which regulated timeshare company must put 10 days cooling off period in purchasing agreement. Otherwise, the contract is unvalid, not binding. If there is no such an act listed in the contract, the consumer has one full year to cancel the contract.

What the trick of some timeshare company is: They don't list of 10 days cooling off period in a clear way, instead, they put "You have the right under Consumer Protection Act 2002, see Schedul X ......." Usually, the consumers don't look for Schedul x to read what the contect is so that they would miss the 10 days cooling off period.

Be alert, consumers and innocent people.

Report this post to a moderator | IP: Logged