Legal Question in Real Estate Law in Florida

right of recission

Is there a 3-day right of recission for a contract to list a home for sale with a real estate co.?


Asked on 1/28/04, 2:22 pm

3 Answers from Attorneys

Peter Gonzalez Sanchez-Medina, Gonzalez, Quesada, Lage, Crespo, Gomez & MachadoLLP

Re: right of recission

Only if the contract so states.

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Answered on 1/28/04, 2:23 pm
Scott R. Jay Law Offices of Scott R. Jay

Re: right of recission

NOTE: This communication is not intended as and should not be interpreted as legal advice. Rather, it is intended solely as a general discussion of legal principles. You should not rely on or take action based on this communication without first presenting ALL relevant details to a competent attorney in your jurisdiction and then receiving the attorney's individualized advice for you. By reading the "Response" to your question or comment, you agree that the opinion expressed is not intended to, nor does it, create any attorney-client relationship, nor does it constitute legal advice to any person reviewing such information, nor will it be considered an attorney-client privileged communication. If you do not agree, then stop right here, and do not read any further.

No, there is no right for a 3 day recission of a listing agreement. You may be able to talk with the realtor, however, and negotiate a cancellation of the agreement. Most realtors do not want to be stuck with a listing with an uncooperative seller. To market a property effectively requires time and money. Most brokers do not want to make the investment and will generally agree to terminate the listing if there is a change of mind right at the beginning.

Scott R. Jay, Esq., 305-249-8000

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Answered on 1/28/04, 3:36 pm
Alexander M. Rosenfeld Rosenfeld & Stein, P.A.

Re: right of recission

No.

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Answered on 1/28/04, 6:57 pm


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