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

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

    You can only exercise this right for three business days after signing your mortgage contract. The right of rescission doesn't apply to residential mortgage transactions (i.e., purchase loans).

  3. Cooling-off period (consumer rights) - Wikipedia

    en.wikipedia.org/wiki/Cooling-off_period...

    For example, in the European Union the Consumer Rights Directive of 2011 obliges member states to give purchasers the right to return goods or cancel services purchased from a business away from a normal commercial premises, such as online, mail order, or door-to-door, with limited exceptions, within two weeks or one year if the seller did not ...

  4. 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.

  5. Wichita contractor to pay $25,000 after complaint about ... - AOL

    www.aol.com/wichita-contractor-pay-25-000...

    “Future contracts will include proper notices of the three-day right to cancel the transaction for any door-to-door sales,” which is required in Kansas, and any future services performed will ...

  6. Timeshare scams have robbed Americans of millions of dollars ...

    www.aol.com/timeshare-scams-robbed-americans...

    Pressure to sign a contract that doesn’t include a three-day right to cancel mandated by the FTC’s Cooling-Off Rule.

  7. Interstate Land Sales Full Disclosure Act of 1968 - Wikipedia

    en.wikipedia.org/wiki/Interstate_Land_Sales_Full...

    The Property Report contains relevant information about the subdivision and must be delivered to each purchaser before the signing of the contract or agreement and gives the purchaser at a minimum a 7-day period to cancel the purchase agreement. In 2014, the Act was amended to additionally apply to condominiums. [3]

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