Notice to Rescind a Contract
Did you sign a contract that you now want to cancel? Under certain circumstances you may be able to rescind (cancel) the contract even after signing it.
- This free letter form of notice is a template that you can use to exercise your right of rescission under the consumer protection laws in effect in your state, province or territory.
- The letter states that you are exercising your right to rescind the contract within the period allowable by law. Check the laws in your area to find out exactly what your rights are. Not all contracts can be rescinded.
- If the contract specifies a "cooling-off" period, you must notify the seller within the stated cooling-off period. Otherwise the contract is not rescindable.
- If you have the right by law to cancel the contract, you can download this free notice form, fill it in, and send it to the supplier, contractor or seller within the required time period.
Mutual Rescission of Contract
Both sides to a contract can mutually cancel (rescind) an agreement with this free Mutual Rescission form.
- After the form is signed, neither party will have any rights or duties under the contract that they have now dissolved.
- Download the free form, fill in the details, print and sign.
- This is a generic form that can be used anywhere.
Notice of Right to Rescission | USA
Overview of Notice Form
This template provides a legally required Notice of Right to Rescission for customers in the United States. It is designed for use in transactions such as loans, leases, purchases, or other agreements that may result in a lien or security interest being placed on the customer’s home.
Legal Requirement
Federal law mandates that customers must receive this notice in relation to transactions affecting their home’s title or security interest. The notice protects the customer’s rights by informing them of their ability to cancel the agreement.
Right to Cancel
Customers have the right to rescind (cancel) the contract within three business days from the date of the transaction. The notice clearly outlines this right and provides instructions for the cancellation procedure.
Usage Instructions
This template is a reusable legal form. After purchasing and downloading the document, you may use it as many times as needed for applicable transactions.
Jurisdiction
This document is intended for use within the United States.