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I sing out for a Timeshare but I decided to terminate the contract because I think I was not well informed about the plan

1 Answers. Asked on Jan 06th, 2017 on Contracts - New Jersey
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Answered on Jan 07th, 2017 at 11:29 AM

Look at the terms of the contract and see if there is a waiting period or a period of time when you can back out of the contract.  Point out the parts of the contract that were not explained to you.  

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Contracts
Most people and business enter into contracts on almost a daily basis. Simply put, a contract is a legally binding agreement between two parties. One party makes an offer to do something in exchange for "consideration," or payment, and the other party accepts that offer. Contacts can be verbal, in writing or even implied. Some contracts--such as signed credit card receipts--are very simple. Others--such as those used to buy or sell real estate--are far more complicated. If you are entering into a complex transaction, it pays to hire a contract law attorney as early as possible in the process. Your lawyer can help negotiate the terms and conditions of the agreement, then draft the contract or review the contract that has been presented to you. Law firms with experience in contract law can also defend you if you or your company has been accused of breaching a contract, or if you need assistance enforcing a existing contract.
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