Arizona’s timeshare cancellation laws offer crucial protections for buyers, ensuring they can cancel their purchase within a specific timeframe. Under Arizona Revised Statutes, Title 32, Chapter 20, Section 32-2182, buyers have a seven-day rescission period to cancel their timeshare contract. This period begins on the date the buyer signs the agreement or when the buyer receives a fully executed copy of the contract, whichever is later. During this seven-day window, the buyer can submit a written cancellation notice to the seller without incurring any penalties. Moreover, the seller must provide the buyer with a clear notice of the right to cancel, including instructions on how to proceed with the cancellation. If the buyer cancels within the rescission period, the seller must refund all payments made, minus any applicable fees. After the seven days, canceling the timeshare becomes more difficult unless the buyer can prove fraud or misrepresentation. Therefore, buyers in Arizona should act quickly to exercise their rights under Arizona’s timeshare cancellation laws.

For more details, refer to Arizona Revised Statutes, Title 32, Chapter 20, Section 32-2182.