Is there a 3-day period in to back out of a contract to purchase equipment?
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Is there a 3-day period in to back out of a contract to purchase equipment?
This is in FL.
Asked on September 18, 2011 under General Practice, Florida
Answers:
M.D., Member, California and New York Bar / FreeAdvice Contributing Attorney
Answered 12 years ago | Contributor
There are some occasions where the law allows a consumer to change their mind after they have made a purchase and cancel the transaction. This is known as a "right of rescission" or, more commonly, the “cooling-off” rule.
The general rule in Fl is that, if you contract for services that are to be rendered in the future and on a continuing basis, you are entitled to a 3 day cooling-off period. Additionally, you are entitled to cancel a contract for future services if you can no longer physically receive the services or the services are no longer available as originally offered. Further, if you purchase goods or services during the course of a "home solicitation sale," you also have a 3 day right of rescission (i.e. right to cancel).
Note: A sale is considered a "home solicitation sale" if it takes place in your home or at a location which is not the main/permanent place of business for the seller, if the purchase price is more than $25.
If you have have any further questions, you should contact the Attorney General's Office, the FL Department of Agriculture and Consumer Services or your local consumer agency/attorney.
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