Legal Question in Real Estate Law in Washington
Right of Recision
Does the State of Washington have the right of recision for the for the lessee of a short term lease (for moorage of a dock)?
Asked on 3/04/07, 6:22 pm
1 Answer from Attorneys
Elizabeth Powell
ELizabeth Powell PS Inc
Re: Right of Recision
Probably not. I'd need to know more. What WA will accept is an accord and satisfaction - in other words, a new agreement replacing the old agreement. Both parties can agree to scrap the old agreement.
If only one party wants to rescind the agreement, that's a breach. Deciding whether that is efficient or not turns on the facts.
Hope this helps. Powell
Answered on 3/04/07, 11:45 pm
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