§ 557B.10 — Purchaser’s right of cancellation

Iowa § 557B.10

• Jurisdiction: Iowa
• Title XIV: PROPERTY
• Ch. 557B: MEMBERSHIP CAMPGROUNDS

Text

A purchaser has the right to cancel a membership camping contract within three business
days following the date the contract is executed or within three business days following the
date of delivery of the written disclosure statement required by section 557B.8, whichever
event is later.
1. The right to cancel may not be waived and any attempt to obtain such a waiver is
unlawful.
2. A purchaser may cancel the contract by hand delivering a written statement of
cancellation or by mailing such a statement to the membership camping operator. The
cancellation is deemed effective upon mailing.
3. Upon cancellation and return of all membership and reciprocal use materials furnished
at the time of purchase, the membership camping operator shall refund to the purchaser
all payment and other consideration given by the purchaser. The refund shall be made
within thirty calendar days after the membership camping operator receives notice of
the cancellation and may, where payment has been made by credit card, be made by an
appropriate credit to the purchaser’s account. If the membership camping operator fails to
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refund the payment or other consideration given within the thirty-day period, it is presumed
that the membership camping operator is willfully and wrongfully retaining the payment or
other consideration. The willful retention of a payment or other consideration in violation
of this section renders the membership camping operator liable for double the amount of
that portion of the payment or other consideration wrongfully withheld from the purchaser
together with reasonable attorney fees and court costs.
4. The membership camping operator or salesperson shall orally inform the purchaser at
the time the contract is executed of the right to cancel the contract as provided in this section.