0
Want this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
Does Virginia have a right of rescission law for used cars?
No, they do not have a right of rescission law for used cars.
Does the right of rescission apply for used cars purchased from a dealership in Florida?
No, the buyers remorse law does not apply to the purchase of a new or used vehicle.
What is the law on right of rescission in Michigan?
There is NO right of recission for autos.
Is there a right of rescission law for car purchases in Texas?
No, the buyers remorse law does not apply to the purchase of a new or used vehicle.
Is there 3 day right of rescission law in Minnesota regarding used cars?
Unfortunately, no. There is a 3 day rescission period for home loans but apparently not for cars (which doesn't seem to make sense as it is the second biggest ticket item most people are likely to buy). That law only applies to unsolicited sales. A automobile is a solicited sale as you go to buy the car the dealer does not come to you.
Is there a Right of Rescission law in Delaware?
There is a right of rescission law in Delaware. It allows a loan to be rescinded one business day after loan proceeds are issued to the title borrower.
Is there a 'right of rescission' law for used car purchases?
Generally speaking, no. Questions about law are best directed to a local lawyer, who will be familiar with the law in your area; since we have no way of knowing where you live, it's possible that your location does have such a law (though I don't believe any US state has a law granting an automatic right of rescission on used car purchases, and I know there's none in US federal law).This is complicated a little in that some states do have laws about a "right of recsission" for used car purchases. In California, for example, the seller of a used car must offer (as an option, which they can charge extra for) a contract rider on cars with a sale price of less than $40,000 that allows for the buyer to rescind the contract. In order to be able to exercise this right, the buyer must purchase the option at the time they purchase the car, so it's not an automatic right of rescission.
Is there a right of rescission when purchasing a used vehicle in the state of Texas?
No, that law only applies to unsolicited purchases not autos.
Is there 3 day right of rescission law in Minnesota regarding purchases?
No, the buyers remorse law does not apply to the purchase of a new or used vehicle.
Is there a right of rescission when purchasing a used vehicle in the state of New Jersey?
No, that law only applies to unsolicited purchases not autos.
What is the right of rescission law in Ohio for timeshares?
The rescission time for time-shares in Ohio is 3 business days. The rescission period ends on the third business day at midnight.
Is there a right of recission law on used car purchases in Colorado?
The rescission law or buyers remorse law does not apply to the purchase of a new or used vehicle. You would have to prove fraud in order to cancel the contract.
