Legal Question in Real Estate Law in Texas

Texas right of rescission for unimproved property

We signed a contract today for a 12 acre plot of land and are wondering if we made a mistake. We put down an earnest money deposit and are scheduled to close on the 29th. Do we have a three day right of rescission now?


Asked on 6/24/07, 12:40 am

1 Answer from Attorneys

Cheryl Rivera Smith The Smith Law Firm

Re: Texas right of rescission for unimproved property

No. That right is for 2nd liens and consumer transactions.

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Answered on 6/24/07, 10:55 am


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