In Rhode Island, timeshare cancellation and exit laws offer essential protections for consumers who wish to cancel or exit their timeshare contracts. Rhode Island law provides a 7-day rescission period, during which timeshare buyers can cancel their contract without penalty. This rescission period begins the day after the contract is signed or when the buyer receives the required cancellation notice, whichever occurs later. After this 7-day period, canceling or exiting a timeshare becomes more complicated and may require legal assistance or direct negotiation with the timeshare company. Rhode Island residents should be cautious of timeshare exit scams, which target individuals seeking ways to terminate their contracts. The Rhode Island Attorney General’s Office provides valuable consumer protection resources, including information about timeshare cancellation rights and fraud prevention, available at Rhode Island Attorney General’s Consumer Protection. Additionally, NOLO offers comprehensive guidance on timeshare cancellation laws and consumer rights, accessible at Timeshare Cancellation Rights. Understanding these laws ensures that Rhode Island residents can navigate the timeshare cancellation and exit process with confidence.