Legal Question in Real Estate Law in Tennessee
seventy two hour right of recision
does the 72 hour right to rescind a
contract apply to both buyer and seller
Asked on 12/30/08, 10:27 pm
1 Answer from Attorneys
Joseph T. Kirkland, Jr.
Kirkland, Rothman-Branning & Associates, PLLC
Re: seventy two hour right of recision
There is no right of rescission on all contracts. The right is only in certain situations such as door-to-door sales and refinances of your principle residence. If your question involves the purchase of real estate, there is no right of rescission to either party.
Answered on 12/31/08, 1:33 pm