Is there a remorse period for a mobile home purchase?
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Is there a remorse period for a mobile home purchase?
Asked on November 27, 2012 under Real Estate Law, Wyoming
Answers:
M.D., Member, California and New York Bar / FreeAdvice Contributing Attorney
Answered 12 years ago | Contributor
By law in some cases there is known what is called a "3 day right of recission". Pursuant to it, a consumer may cancel a contract within 72 hours of entering into it. However, its scope is limited. Typically it only applies to door-to-door sales, mortgages, timeshare sales and certain other transactions. A purchase such as you describe may or may not be covered. You'll need to contact your states Department of Consumer Affairs. Also, you may be able to obtain this information from your state;s Attoreney Genral's office.
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