Timeshare law in Delaware is governed under the Uniform Common Interest Ownership Act , while it does speak specifically to timeshares it generally governs any shared property such as condominiums.
Cool off Period
There is an unusually long ‘cool off period’ in Delaware, in fact one of the longest in the United States. A buyer of a timeshare has 15 days from the date of purchase to cancel the contract after receiving the required disclosure documents. This gives owners an entire two weeks to read over the documents and decide if they really want to stick with their timeshare purchase.
Rescission Period: 15 Days
Disclaimer: These summaries of law are intended only to serve as an information source for consumers. Statutes and laws are subject to constant change and the information listed above may not represent the most recent, or complete information. This does not constitute legal advice and a lawyer should always be contacted to provide you an analysis of your case. If you would like to have your case reviewed, please call us at (360)918-8196 for a free consultation