What does Ohio's right of rescission pertain to?

Answer 1

See page 2 of this document: http://www.ag.state.oh.us/press/08/02/pr080213.pdf The text: Ohio law does not require a seller to provide a right to cancel every contract. Below is a complete list of all cancellation rights under Ohio law. Ohio Cancellation Rights: • Door-to-Door Sales: Three Days. The Home Solicitation Sales Act gives consumers three days to cancel sales made in their homes or at a place that is not a company's regular place of business, such as a bridal fair or a home improvement show. • Credit and Debt Counseling Services: Three Days. Consumers have three days to cancel credit and debt counseling services under the Ohio Credit Services Organization Act. • Prepaid Entertainment Contracts: Three Days. Prepaid entertainment agreements only include contracts with health spas, dance studios, diet centers, dating agencies and Martial Arts schools. The Prepaid Entertainment Contracts Act does not include all kinds of prepaid contracts, such as prepaid tanning salon sessions, prepaid plans at laser tag or paint ball facilities and prepaid plans for ring tones or other cell phone services. • Home Equity Loans or Mortgage Refinancing: Three Days. The federal Truth in Lending Act gives consumers three days to cancel a home equity loan or a mortgage refinancing. • Business Opportunity Plans: Five Days. Under the Business Opportunity Purchaser's Protection Act (O.R.C. Section 1334.01 et seq.), consumers have five days to cancel a business opportunity agreement, in which a buyer pays a seller for the rights to offer, sell or distribute goods or services. • Hearing Aids: Thirty Days. Under the Hearing Aid Returns Act (O.R.C. 1345.30), consumers have the right to return a hearing aid for any reason within 30 days after it is originally delivered. • Telemarketing Sales: Under the Telephone Solicitation Sales Act (O.R.C. 4719.01 et seq.), consumers have the right to cancel a purchase until they sign a written agreement confirming the sale. • Car Purchase: Ohio law does NOT give consumers the right to cancel a car purchase.