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You have three business days to cancel a contract if: The sale was solicited in the consumer's home; or A gift was offered for attending a sales presentation that led to the contract; or A consumer's primary home is used as security and the loan is not used to purchase or construct the home. Otherwise, a signed contract - for a car, an item or a service - is legal and binding in all 50 states in the U.S.

2006-08-03 11:33:42
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Related Questions

How long do i have to cancel a contract in new York state?

On the purchase of a vehicle you cannot cancel the contract as the Cooling Off Period or Buyers Remorse law does not apply to the purchase of a vehicle. You signed the contract and are legally bound to honor it.

In North Carolina how long do you have to change your mind after signing a contract for a new car?

There is no time frame. Once a car is signed for it is now legally bound to the new owner. Unless the written contract specifies a special return clause there is no law stating a car may be returned due to buyers remorse.

Does Florida have a right to cancel a contract to purchase a used car.?

If you are asking is there a cooling off period or buyers remise law in Florida on the purchase of a used car the answer is no. Once you sign the contract you are legally bound to that contract and it cannot be cancelled unless the seller agrees to that cancelation. The Buyers Remorse or Cooling Off Period laws do not apply to the sale of a new or used vehicle in any state.

What has the author Mary Buyers written?

Mary Buyers has written: 'The Buyers book, 1702-1913'

When may a buyer cancel a contract?

This question is specific to the buyers contract, you should reference that document to answer this question.

What things should foreign buyers consider when purchasing Arizona homes?

The main thing that buyers should be wary of in Arizona is a home's energy efficiency. Since it is very hot in Arizona, it is easy to lose money on cooling costs if the house is not energy efficient.

What has the author Charles Ian Buyers written?

Charles Ian Buyers has written: 'Principles of cost accountancy'

Is winning a bid at an auction a contract?

Yes, it is a contract. You agree to pay the price, plus the additional buyers fee when you bid.

What rights does a co buyer have to a vehicle?

The co-buyer of a vehicle has equal rights to the vehicle if there name is on the title. The co-buyers rights can be defined by a written or verbal contract.

What tasks do buyers agents perform?

Buyers agents represent the buyers in real estate transactions. They work for the buyer in locating desirable properties, negotiating the best possible sales contract and looking after the buyers interests throughout the buying process.

How long is a seller obligated to pay commission to a real estate agent after their contract has expired before you can sell to someone new that the realtor had no communication with?

I would hope this was covered in the contract you signed. There is usually a protection period but it extends only to buyers that looked while listed with the brokerage. If your buyer has never seen the house and your contract has legally ended, you are free to sell right away.

When do you have legitimate grounds to fight a repo deficiency lawsuit?

I dont know about the "grounds" BUT any changes to a CONTRACT have to be approved by BOTH parties to the contract. Did either/both of your "buyers" get approved by the LENDER to assume your contract? Some contracts are NOT assumable as written by the lender. Even if they did get approved to assume, they still have to wait for the lender to do their oart. Could it have been impatience on the part of the "buyers"? Best you should call a local attorney for a consultation ASAP.

Can a 19 year old with buyers remorse void a new car sales contract in NC?

Plain and simple; NO.............. You are considered an adult, so you can not void the contract.

Can you return your car to the dealership after you signed a contract?

Yes, the dealer can cancel the contract but it is within 10 days of the date on the purchase contract.

In undivided interest of property if all are on the note and 1 decides to stop paying their share of the note Can the others foreclose on that person and take their share away from them?

The answer is most likely "no". The relationship which gives rise to the power to foreclose is between the lender or seller and the buyer or buyers, not between joint buyers. The relationship between buyers, or joint owners will determine among them how to enforce joint payment of the mortgage. Is there a contract between the buyers? Is it written or oral? If oral is there a documented practice between the buyers? How this is resolved will depend on what state the property is located in.

What is a mortgage buyer?

A "mortgage buyer" when referring to a private real estate note, would be a real estate investor who will purchase private mortgage notes for cash. These investors are also sometimes referred to as note buyers, promissory note buyers, land contract buyers and deed of trust buyers.

What language could wellington have added to its contract with Northeast to ensure that it was apprised of the reputation of any proposed buyer?

Wellington is a long line name of companies, i not familiar with the northeast contract or buyers.

Does Virginia have buyer's remorse laws?

Under the Virginia buyers remorse laws, consumers have 3 days to cancel a health club contract. This law does not apply to any other type of contract.

What is a blanket purchase agreement contract?

It is an contract between one or more buyers and one ro more supplier to estimate the amount of items to be delived at the rigt the price and at the the right place agreed

What has the author Tom Powell written?

Tom Powell has written: 'Audarena Stadium & Facility Buyers Guide'

What is a cooling off period on credit agreements?

Generally you have a few days to change your mind. It is called buyers remorse. Check your contract.

Are you obligated to pay your realtor a fee if you buy a home for sale by owner?

Yes, if the agent is a Buyers agent and you have a signed contract with the agent.

Can you lease purchase a home without co-buyers consent?

No. To execute a valid contract it needs to be signed by all the owners.

Can a cosigner get out of a used car contract in the first 3 days?

No, the buyers remorse law does not apply to the purchase of a new or used vehicle.

What are the remedies of buyers and sellers in a contract of sale?

there are two general remedies to an unpaid seller which include; Real remedies and Personal remedies.