right of rescission

Section 62 does not give the investor any right of rescission.

Collateral mistakes will not afford the right of rescission.

However, an investor would, under the general law, have a right of rescission if induced to enter into a transaction by a misleading statement.

For example, borrowers will sometimes apply with several lenders simultaneously and use the right of rescission to coerce them into offering better terms.

There is a penalty-free three-day right of rescission on the part of the debtor.

I think that the law must allow the innocent party to exercise his right of rescission otherwise than by communication or repossession.'

The lawsuit seeks class certification, damages, the right of rescission and the award of attorneys' fees.

A statutory right of rescission of a transaction brought about by a breach of section 47 was not, therefore, necessary.

The Court of Appeal held that even if there had been a right of rescission it was barred by lapse of time.

It contains rules on disclosures, treatment of credit balances, annual percentage rate calculations, right of rescission,non requirements, and advertising.

It should also be noted that the right of cancellation is in addition to any common law right of rescission or statutory right of termination.

Purchaser would expect Vendor to deal in good faith; failure to notify might amount to fraud and would prejudice Purchaser's rights of rescission (if any).

In Roman law, the right of rescission or revocation of an executory contract on failure of the other party to fulfill his part of the agreement.

It severely regulates the requirement of written form, the right of rescission and the conditions of expiry and omission of rescission as being indispensable in advance.

If the purchaser requires the right of rescission to be available between exchange and completion, the vendor is unlikely to agree to the transfer being deemed to occur during the interim period.

The right of rescission may also extend to the occurrence of certain events which, although not a breach of warranty, may lead to the acquirer being unwilling to proceed (for example, a major fire).

While in certain jurisdictions, and in certain circumstances, a consumer may have a right of rescission, some people attend real estate sales presentations at which they may feel pressured into immediately signing binding contracts.

The right of rescission, as it is known, is a federally mandated contractual provision, and it is limited to refinancing agreements and must be exercised by midnight of the third business day after closing.

The right of rescission has its roots in the so-called "tin men" scams of the 1950's, in which aluminum-siding salesmen would agree to finance the siding by taking out a mortgage on the house without the owners understanding the contractual terms.

The 2-year right of rescission is not a risk that banks or title insurers are comfortable with, especially given the complexities of compliance, so many banks and title insurers are not willing to work with deeds in lieu.

A.4 Any rights of rescission expressly granted to the Purchaser in this Agreement shall be in addition to and without prejudice to any rights of the Purchaser of whatsoever nature under the Misrepresentation Act 1967 or any other enactment or at law.

In spite of his claim to reasonable compensation, the right of rescission enables the author to change his decision and to cancel the granting of rights concerning the use of yet unknown types of use on the whole or just partially without adverse legal consequences for him.