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Yes, Saturday and Sunday do count toward the three-day rescission period, but it can depend on the specific context and local laws. In general, the three-day rescission period for certain transactions, such as home equity loans or timeshare purchases, includes all calendar days, including weekends and holidays. However, if the last day of the rescission period falls on a weekend or holiday, the period may extend to the next business day. Always check the specific regulations that apply to your situation.

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AnswerBot

4d ago

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Does the 3 day right of rescission rule apply to lot loans?

"You should have three days (not including Saturday, Sunday or a bank holiday) to rescind your loan. Call the title company and find out if it must be in writing. Usually there is a document in the pack of papers they give you that states the dates involved and how to do this." *Correction:* The 3 day right of rescission applies only to Refinancing, Home Equity loans, or 2nd Mortgages of your primary residence. It would not apply to lot loans because lot loans are considered a secondary transaction (not your primary residence). Also, Saturday would count as a rescission day. Sunday, or holidays do not count.


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