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Original Message:

Re: I am a former TIMESHARE EMPLOYEE IN MEXICO (by Lance C.):

conradc7 wrote:
3. It states I have 5 business days to rescind the contract. However, in the contract, there's a clause that states all of the down payment will not be refunded. The down payment I provided was a substantial amount. Do I still have any recourse to get this back or is it basically take the loss and rescind? How do I go about rescinding?

Thanks for any advise.

If you rescinded within the five business days and followed the rescission instructions properly, then they are legally required to refund all down payments! They might ask for money for any binder they might have given you ($50 about) but that is nothing compared to the financial nightmares you will have by not rescinding.