Timeshare mess

[Karate337]

I am in TX and bought into a timeshare. I read my paperwork and I see a page 'right to opt out' w/in 90 days. It states that 'if you do not want to bound by this Arbitration Addendum'....does this mean that w/in 90 days I can get out of this? I researched alittle and timeshares, in most states, have a span that let's the buyer opt out after thinking it over. Is this what an A.A. is?

[Philxxxx]

Sounds like you can opt out of binding arbitration ... if it means something else I would not know...go see an attny as you sound eager to exit the contract if possible.

[Karate337]

I for sure want out. What was I thinking!! Thank you for your comment back. I'm thinking I can opt out, regardless what they told me on the phone. Of course they get paid by commission....again, thanks

[justalayman]

I'm with phil on this one. From what you posted, all it sounds like is you have the right to opt out of the binding arbitration clause of the contract. Whether or not there is something that would allow you to rescind the contract is something you will have to determine. I would suggest a meeting with an attorney, asap as often time is of the essence and limits your rights to take action, so the contract can be reviewed to determine if there are any "outs".