Mexican Timeshare Fraud - Your Right to Cancel a Timeshare Purchased in Mexico

Fraud - Mexican Timeshare Fraud - Your Right to Cancel a Timeshare Purchased in Mexico

Good afternoon. Now, I learned all about Fraud - Mexican Timeshare Fraud - Your Right to Cancel a Timeshare Purchased in Mexico. Which may be very helpful in my opinion and also you. Mexican Timeshare Fraud - Your Right to Cancel a Timeshare Purchased in Mexico

While the timeshare commerce doesn't have the best reputation for being fully forthcoming about how timeshares indubitably work, usually a lot of what the sales person says can be regarded as hype rather than outright fraud. Unfortunately though, this isn't the case in Mexico where fraud is pretty ordinary in timeshare sales.

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Fraud

If you purchase a timeshare during a tour in Mexico, you should be aware that Mexican law requires a 5 enterprise day cooling off duration for timeshare purchases. This is also known as the rescission period. But getting this rescission duration honored by the timeshare sales force is other matter all together.

Most of the fraud that occurs in the Mexican timeshare commerce has to do with the rescission period. It is not uncommon that this law is fully ignored and some timeshare resorts require you to sign your rights away even though Mexican law does not allow this either.

Let me reiterate. The "cooling off" duration is a right guaranteed to you by Mexican law and you cannot waive this right away, even though many timeshare sales personnel will insist that you must do so. It does not matter if they are selling you a "used" timeshare or if you are turning in a timeshare you own to cover part of the purchase price. You still have the right to cancel the sale within five enterprise days.

Of course, enforcing the rights you do have is other matter altogether. If you do find yourself in a situation where you are trying to cancel the purchase of a timeshare that you bought in Mexico, make sure to feel your reputation card enterprise and dispute the charges if you paid by reputation card.

In addition to your reputation card company, you should also immediately feel Mexico's consumer security department, called Profeco. Their phone estimate is (+52) 55 5211-1723. You will need to send them a complaint letter and fill out some paperwork, but they will be a big help manufacture sure that you get your money back, though it may take a while.

This is just other speculate why I would recommend buying your Mexican timeshare from eBay or other reseller located in the Us rather than buying it in Mexico itself. You will save money and a great deal of hassle.

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