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2. Right of rescission: Canceling a HELOC, home equity loan or ...

   www.aol.com/finance/rescission-canceling-heloc...

   The right of rescission is a legal protection under the Truth in Lending Act (TILA) that allows you to cancel certain home financing agreements without any financial penalties. ... You sign the ...

3. Rescission (contract law) - Wikipedia

   en.wikipedia.org/wiki/Rescission_(contract_law)

   First, where a party to a contract exercises an express right of termination, he or she is sometimes said to have exercised a right to rescind the contract. Secondly, where a party is faced with a repudiation, the party can elect to terminate the contract; this too has often been referred to as an election to rescind. "Rescission" at common law.

4. Right of Rescission: What It Is, When It Starts, and More - AOL

   www.aol.com/news/rescission-starts-more...

   The Truth in Lending Act (TILA), or Regulation Z, is a federal law that protects you from unfair and predatory lending practices. Under TILA, you have the right to rescission. This is a consumer ...

5. Mistake (contract law) - Wikipedia

   en.wikipedia.org/wiki/Mistake_(contract_law)

   Collateral mistakes will not afford the right of rescission. A collateral mistake is one that "does not go to the heart" of the contract. For a mutual mistake to render a contract void, then the item the parties are mistaken about must be material (emphasis added). When there is a material mistake about a material aspect of the contract, the ...

6. Misrepresentation - Wikipedia

   en.wikipedia.org/wiki/Misrepresentation

   In cases of fraudulent misrepresentation, the time limit runs until when the misrepresentation ought to have been discovered, whereas in innocent misrepresentation, the right to rescission may lapse even before the represent can reasonably be expected to know about it. [82] Sometimes, third party rights may intervene and render rescission ...

7. Home Equity Theft Prevention Act - Wikipedia

   en.wikipedia.org/wiki/Home_Equity_Theft...

   2-Year Right of Rescission - Generally, a violation of the contractual requirements or any of the prohibited acts in Subdivision 7 makes the conveyance voidable and may be rescinded within 2 years of the date the deed was recorded. The statute then gives the equity purchaser (or its successor) twenty days to reconvey the property on the ...

8. Best mortgage lenders of November 2024 - AOL

   www.aol.com/finance/best-mortgage-lenders...

   Sign in. Mail. 24/7 Help. For premium support please call: 800-290-4726 more ways to reach us. ... Right of rescission: The right of rescission allows you to back out of certain types of loans ...

9. Rescission Act - Wikipedia

   en.wikipedia.org/wiki/Rescission_Act

   The Rescission Act of 1946 (Pub. L. 79–301, H.R. 5158, 60 Stat. 6, enacted February 18, 1946, codified at 38 U.S.C. § 107) is a law of the United States reducing (rescinding) the amounts of certain funds already designated for specific government programs, much of it for the U.S. military, after World War II concluded and as American military and public works spending diminished.