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  2. Rescission (contract law) - Wikipedia

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

    Rescission at common law (as distinct from rescission in equity) is a self-help remedy: historically, the common law courts simply gave effect to the rescinding party's unequivocal election to rescind the contract. Rescission at common law is only available for fraudulent misrepresentations and duress.

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

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

    Once received, the lender must comply with a full refund within 20 days from the date of your notice of rescission. Keep in mind that once you rescind the loan contract, there’s no going back.

  4. Legal remedy - Wikipedia

    en.wikipedia.org/wiki/Legal_remedy

    Equitable rescission; Equitable rescission gives the innocent plaintiff the right to undo or rescind a contract when the plaintiff entered the contract as a result of fraud, misrepresentation, etc., or when the contract has been breached by the other party. To restore the situation to what it was before the contract, both parties need to return ...

  5. Truth in Lending Act - Wikipedia

    en.wikipedia.org/wiki/Truth_in_Lending_Act

    If the required rescission notice or material TILA disclosures are inaccurate or not delivered, the borrowers right to rescind may be extended from three days after consummation to up to three years. When a borrower rescinds, the security interest becomes void and the borrower is not liable for any amount, including finance charges.

  6. Rescission - Wikipedia

    en.wikipedia.org/wiki/Rescission

    Rescission is the noun form of the verb "to rescind." It may refer to: Rescission (contract law) Rescission bill, a procedure to rescind previously appropriated ...

  7. Impoundment of appropriated funds - Wikipedia

    en.wikipedia.org/wiki/Impoundment_of...

    The Impoundment Control Act of 1974 provides that the president may propose rescission of specific funds, but that rescission must be approved by both the House of Representatives and Senate within 45 days. In effect, the requirement removed the impoundment power, since Congress is not required to vote on the rescission and, in fact, has ...

  8. Breach of contract - Wikipedia

    en.wikipedia.org/wiki/Breach_of_contract

    Many commercial contracts include clauses that set out a process whereby notice must be given and in what form. Consequently, if there is a written contract, care should be taken to check the contract terms and to ensure compliance notwithstanding that the other party may, on the face of it, have committed a clear and repudiatory breach.

  9. I'm a financial expert: Here's what to consider when ... - AOL

    www.aol.com/finance/what-to-consider-when...

    Consider downsizing in place. If moving turns out to be too expensive, or if the family home could still be useful to the family — for holidays and other gatherings, for example, as well as a ...

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