Legal Question in Business Law in Washington

For contracts not specifically required by statutory (legislature created) law to include a grace or "cooling off" period, there is no such period if it it not specified in the 'four corners' of the contract. There are some other reasons that may negate a contract, but those are based upon factual situations and your question does not include any factual background. Typically, the longer the period of time after the contract is entered into, the more difficult it is to void a contract.

Any franchise attorney will say there is only a "cooling off" period typically with registered business opportunities where the statute mandates a time frame, like 72 hours, to change your mind. Other than these limited statutory situations, there is no grace period, unless one is specified in the contract. Consult with a good business or franchise attorney in your area for specific advice.

Mr. Franchise - Kevin B. Murphy, B.S., M.B.A., J.D.

Franchise Attorney

Franchise Foundations APC