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Delaware Timeshare Laws
Please be advised that you should not act upon any of this information without seeking proper legal counsel from an attorney experienced in timeshare law. Roberts Law Group makes no representation or warranty regarding the accuracy, reliability, completeness, or timeliness of any information provided. This information is provided for information only. All information posted here should not be used as a substitute for the advice of an appropriately qualified and licensed lawyer.
Delaware’s timeshare laws are defined in the Delaware Code under Title 6, Commerce and Trade. Chapter 25 conveys the laws in regards to timeshare cancellation, timeshare resale fraud, and advertising regulations. Further jurisdiction falls under the Delaware Department of Justice, Fraud Division Consumer Protection Unit concerning timeshare fraud and timeshare resale fraud in Delaware.
Delaware’s Right to Cancel a Timeshare Contract
§ 2823 states that the “cooling off” or right of rescission period to cancel a timeshare contract in Connecticut is five business days. The purchaser must notify the seller in a written letter by certified mail by midnight of the fifth day. Under this timeshare law, in Delaware, the seller must return all payments back to the buyer upon timeshare contract cancellation.
Timeshare Resale Fraud and Telemarketing Scams
The Attorney General of Delaware states that if you complete a sales transaction through a telemarketing company, you have seven days to cancel the contract to sell or advertise the timeshare. The telemarketer must relay this information to you and how to cancel a timeshare contract through the transaction. This not only falls under the jurisdiction of timeshare law in Delaware, but under telemarketing registration and fraud prevention under Chapter 26 of the Delaware Code. As always, it is best to consult a timeshare attorney before signing any timeshare contracts, especially for when it comes to timeshare.
If you have questions regarding any of the above information, please contact a timeshare attorney to review your options at 1-800-242-0532.
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