Your Legal Right to Cancel (Rescission Period)
Under Minnesota law, timeshare buyers are typically given a 5 calendar-day rescission period after receiving a copy of the signed contract and any required public offering statement. This period gives purchasers the opportunity to reconsider their decision and cancel without penalty, provided they send a written cancellation notice within the timeframe set by state law and the contract.
Minnesota’s provisions are part of broader consumer protection mechanisms designed to safeguard buyers from high-pressure sales and ensure full disclosure. To exercise your rescission right, it’s important to follow both the timing and delivery instructions stated in your agreement and confirm that all required documents were received before the rescission window closes.
For information about what happens after this period expires and your exit options, see our national Timeshare Exit Guide.
Success Stories from Minnesota
"We bought our timeshare thinking it'd be great for the kids, but they're grown now and have their own lives. The fees kept going up every year. NW Advisors was honest with us and got us out clean."
"Been trying to get rid of this thing for years. Other companies just wanted money upfront with no guarantee. These guys actually delivered on what they promised. Finally free!"