Legal Question in Banking Law in Georgia

cancel a contract

how long does the purchaser of a automobile have to cancel the contract. i have always heard its 3 days.


Asked on 3/19/07, 10:03 am

1 Answer from Attorneys

Scott Riddle Law Office of Scott B. Riddle, LLC

Re: cancel a contract

The contract you signed states the terms of your agreement. If it has a time to cancel, which would be very unusual, that will answer your question. That is why one should read and understand all contracts prior to signing. The "three day rule" is a myth (except for a very few specific types of agreements).

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Answered on 3/19/07, 10:11 am


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