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". . . it has been recognized in numerous Missouri cases that, so long as the contract of sale remains executory, i.e., before assignment and delivery of a proper certificate of title . . . the buyer may repudiate the contract and may recover what he has paid, provided he acts within a reasonable time and returns, or offers to return, the motor vehicle in substantially as good condition as it was when he received it." Matthews v. Truxan Parts, 327 S.W.2d 28.
My understanding is that, in Missouri, a buyer may cancel an auto sale contract as long as she hasn't actually received the title document. After that, you have to show that the car did not conform to the terms of the contract, or that the seller misled you somehow. But you should see an attorney in your jurisdiction for specific advice.
What else can I help you with?
Does Virginia have a right of rescission law for used cars?
No, they do not have a right of rescission law for used cars.
What is the 3 day right of rescission in Washington State as regards to buying a car is this applicable to new cars?
Right of rescission does not apply to a car purchase, new or used.
What is Right of rescission for auto purchase?
What is Right of rescission for auto purchase?
What Georgia statue cover rescission?
Cars
What are the Right of Rescission Laws in the State of Nevada?
Right of rescission in Nevada?
Used car right of rescission?
There is no right of rescission on the purchase of an automobile. That only applies to unsolicited sales.
Does the 3 day right of rescission apply in Missouri?
In Missouri, the three-day right of rescission generally applies to certain types of transactions, particularly those involving home equity loans and other types of credit secured by a primary residence, as outlined in the Truth in Lending Act (TILA). However, it does not apply to all transactions, such as purchases of goods or services. It's important for consumers to consult specific laws or legal advice to determine whether their transaction qualifies for rescission.
Does Virginia have a 3 day right of rescission for purchase of cars?
No, Virginia code does not require a three day rescission policy. It is not uncommon that a dealer will included on in their contract, however that is done on a dealer by dealer basis, and is in no way required by the state.
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.
Is there a right of rescission on vehicle purchases in Oklahoma?
In Oklahoma, there is no general right of rescission after purchasing a vehicle unless such right was negotiated and placed in the contract.
What is the law on right of rescission in Michigan?
There is NO right of recission for 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.
