Understanding Timeshare Cancellation in New Jersey: Your Consumer Protection Guide Timeshare ownership, for many, begins with the promise of dream vacations, flexibility, and even a sound investment. However, for a significant number of New Jersey consumers, these promises often turn into a nightmare of escalating fees, limited availability, and high-pressure sales tactics that leave them feeling trapped. If you're a New Jersey resident grappling with timeshare regret, understanding your rights and options for cancellation is crucial. This article cuts through the complexity, offering clear, actionable legal advice. The Critical Rescission Period: Your First Line of Defense New Jersey law provides a vital, albeit brief, window for new timeshare owners to cancel their contract without penalty. This is known as the "rescission period" or "cooling-off period." ✍️ The 7-Day Rule: Under the New Jersey Real Estate Timeshare Act ( N.J...