Legal Question in Real Estate Law in California
Right to cancel
What is the correct legal form to have notarized for a Right to Cancel Deed of Trust (Rescission) in California?
Asked on 7/05/07, 4:58 pm
1 Answer from Attorneys
Roy Hoffman
Law Offices of Roy A. Hoffman
Re: Right to cancel
If you are tring to cancel a transaction which is subject to cancellation, and your time has not yet expired, you simply need to notify the lender of your intent to cancel. Simply send a written (in any form, as long as it lets the lender know you are rescinding) notice certiied mail, return receipt requested.
If your time to rescind the transaction has passed (i.e., it has been more than 3 business days), you will be "stuck" with the loan.
Answered on 7/05/07, 5:34 pm
Related Questions & Answers
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
