• Report: #989752
Complaint Review:

Diamond Resort International

  • Submitted: Tue, January 01, 2013
  • Updated: Tue, January 01, 2013

  • Reported By: Han — Oxnard California United States of America
Diamond Resort International
10600 West Charleston Blvd, Las Vegas, Nevada United States of America

Diamond Resort International There is a way out in the contract. Las Vegas, Nevada

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My family and I attended a Diamond Resorts International presentation in Las Vegas, NV and became an owner of the timeshare.

As I read through the contract and researched your services, I realized I do not want to be a timeshare owner and wish to revoke the contract. In the Diamond Resorts U.S. Collection Purchase and Security Agreement document, it states that I have 5 days to revoke my contract.

The Purchase and Security Agreement document on page 9 states that The purchaser of a timeshare may cancel, by written notice, the contract of sale until midnight of the fifth calendar day after the date of execution of the contract The right of cancellation may not be waived. On the same page, the document states The developer shall, within fifteen (15) days after receipt of the notice of cancellation, return all payments made by the purchaser. 

If you are like me who luckily have nothing to do on New Year day beside reading a God Forsaken contract. You might have a chance to revoke it if you bought it 5 days ago. Good Luck and I hope you get out of this trap.

This report was posted on Ripoff Report on 01/01/2013 10:57 PM and is a permanent record located here: http://www.ripoffreport.com/reports/diamond-resort-international/las-vegas-nevada-89135/diamond-resort-international-there-is-a-way-out-in-the-contract-las-vegas-nevada-989752. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.

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