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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] right to rescind Posted by Rob on July 01, 2003 at 10:03 AM I used the standard Cal Assoc of Realtor "residential purchase agreement and joint escrow instructions" as a contract to purchase a house pre-foreclosure in Los Angeles. The seller and I sighned the contract on Thursday evening June 26. Escrow was opened on Friday June 27. The seller faxed to me a note on Monday evening June 30 stating that he wants to "rescind" the contract. A)Is there such a "right to rescind" on this contract and if so- who is responsible for the costs already spent- ordering demands (there is a fee from the HOA for ordering), escrow etc. B) If there is a right to rescind, did he make the deadline-4 days including 2 weekend days. c)Did he use an acceptable form of delivery- I met him at his house to sign the contract, but he faxed me the note to rescind. Thank you in advance for any guidance you can give Rob Follow Ups: hoodia Harry Juna 12:33 AM, 02/03/05 (0) Re: right to rescind zachary 10:50 AM, 07/01/03 (0) Post a Followup: Name : E-Mail : Subject : Comments: : I used the standard Cal Assoc of Realtor "residential purchase agreement and joint escrow instructions" as a contract to purchase a house pre-foreclosure in Los Angeles. The seller and I sighned the contract on Thursday evening June 26. Escrow was opened on Friday June 27. The seller faxed to me a note on Monday evening June 30 stating that he wants to "rescind" the contract. : A)Is there such a "right to rescind" on this contract and if so- who is responsible for the costs already spent- ordering demands (there is a fee from the HOA for ordering), escrow etc. : B) If there is a right to rescind, did he make the deadline-4 days including 2 weekend days. : c)Did he use an acceptable form of delivery- I met him at his house to sign the contract, but he faxed me the note to rescind. : Thank you in advance for any guidance you can give : Rob Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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