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If you plan on calling off your trip to Villas of Grand Cypress, be aware that the cancellation policy requires that you give plenty of notice. Villas of Grand Cypress has a 72-hour cancellation policy, so try not to bail on your trip at the last minute. When you book your villa, the Orlando resort requires a deposit equal to one night’s stay (exclusive of taxes and resort fees) — unless you book the “advance purchase” rate, in which case you have to pay in full. Cancel before the three-day period and your deposit at the Forbes Travel Guide Four-Star hotel will be fully refunded — with the exception of rooms reserved at the advance purchase rate, which can’t be canceled at all. You’ll forfeit the deposit if you fall within the 72-hour mark.