Important: This article is general educational information, not legal advice. Rescission periods vary by state and may depend on specific circumstances. For personalized guidance on your rescission rights, consider our Consultant-Led Exit service.
Introduction
A rescission period (also called a "cooling-off period") is a legally mandated timeframe during which you can cancel a timeshare purchase without penalty. This period typically begins on the date you sign the contract and varies by state.