Post reply

Contract rescission (by KC):

priscillae20 wrote:

What is the address to send my rescission letter to cancel?

You have not provided enough information to receive an informed and accurate response to your question.

The answer depends entirely upon the specific developer from whom you purchased --- a detail you have not identified.

By law, rescission information and instructions must be provided, in writing, at the time of contract execution. Have you thoroughly scoured all of your contract materials for that information? It's definitely there somewhere; developer failure to provide notice of rescission rights would be a clear and obvious violation of applicable law.

If you purchased from Westgate, the rescission information and instructions are sometimes hidden within a velcroed-shut sleeve within a binder provided to you, or buried within the contents of a CD or thumb drive provided to you. Few (if any) other developers in the U.S. are so devious; most usually make the contract rescission info relatively easy to find within the contract materials; it often immediately follows the signature lines (albeit maybe in smaller font).

Time periods for rescission vary by state. It could be as few as 3 days or as many as 10 days. Find that rescission info and get your rescission letter sent ASAP --- by certified U.S. Mail. If your rescission letter is not postmarked within the time period provided by the laws of the state in which you signed the contract, you will be too late to cancel and you will be legally bound to all of the terms of the contract that you (voluntarily) signed. If you snooze, you'll lose, so please jump on this matter without any further delay (assuming, of course, that you are not already too late to rescind).