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Does the 3 day right of rescission apply to purchasing new cars in Michigan?
Wiki User
∙ 12y ago
No, it only applies to unsolicited sales and not to the purchase of a vehicle unless there was fraud or deceit involved.
yes it does apply
Wiki User
∙ 12y ago
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What is the law on right of rescission in Michigan?
There is NO right of recission for autos.
Is there a right of rescission on vehicle purchases in Oklahoma?
In Oklahoma, there is no general right of rescission after purchasing a vehicle unless such right was negotiated and placed in the contract.
Does the 3 day right of rescission apply to purchasing new cars in Texas?
That type law does not apply to the purchase of a vehicle in any state. It is only a myth that it does. When you buy a vehicle you cannot return it.
Does the 3 day right of rescission rule apply to used car loans in Michigan?
No, the three day rule does not apply to auto purchases and certainly not to a pre-owned ones. Customer beware!
Does the 3 day right of rescission rule apply to home loans in Michigan?
The three-day right of rescission rule applies to all loans covered under the federal Truth in Lending Act. This is a federal law that applies to loans in all 50 states that fall under the guidelines set in the act. The majority of types of typical loans that homeowners take out on residential properties will be covered by the TILA, and have a three-day right or rescission, including loans in Michigan.
What is the 3 day right of rescission in Washington State as regards to buying a car is this applicable to new cars?
Right of rescission does not apply to a car purchase, new or used.
Does the 3 day right of rescission rule apply to car loans in Minnesota?
no
Does the 3 day right of rescission rule apply in the state of MA?
yup
Does New Jersey's right of rescission law apply to leases for real estate?
No it doesnt
Is there a right of rescission when purchasing a used vehicle in the state of Texas?
No, that law only applies to unsolicited purchases not autos.
Does the 3 day right of rescission rule apply to construction loans?
Generally no. The Truth in Lending Act allows a right of rescission on equity lines of credit and refinances. You can read more about it at the link below.
Is there a right of rescission when purchasing a used vehicle in the state of New Jersey?
No, that law only applies to unsolicited purchases not autos.
