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Yes there is a recession law in all states but it does not apply to the purchase of an automobile.

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13y ago

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Related Questions

Does California have a 3 day right of recission Law?

Does the 3 day recission pertain to furniture?


What is the law on right of rescission in Michigan?

There is NO right of recission for autos.


Does Ohio have a right of recission law?

Yes Ohio does have a 3 day right of recission law for certain transactions. The purchase of a motor vehicle does not fall under this law.


What is the Indiana right of recission for used cars?

There is none.


Does Florida have a 3 day right of recission rule on auto loans?

right to recission when actual signing of documents don't take place at the business and product cost is over $25.00.


Does the 3-day right of recission apply in Illinois?

Yes. The State of Illinois abides by the 3 day right of recision.


What is the Right of recission on buying a used car in Utah?

You should contact your States Attorney General.


Is there a 3 day recission right on purchases of a new vehicle in Florida?

In short, no. Florida does have a 3 day right of recission, however, it only applies to services purchased in excess of $25.00, and only when the seller has approached the buyer (typically a door to door sales person). Specifically, because buying a new vehicle occurs in a fair and commerical place (the dealership) and it is the buyer who approaches the seller in interest, any right of recission is waived.


Is there a recission period on a second home?

No, only Primary residences can carry a recission period in certain instances.


What states have the 3 day return on used cars?

It's actually a 3 day federal right of recission, which means it is valid in every state.


Is there a right of recission when puchasing a car in ga?

NO!! That law only applies to the purchase of unsolicited items and not to the purchase of a vehicle. No state law applies to vehicles.


Does the 3 day right of recission rule apply to auto purchases in Michigan?

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