3-Day Right of Rescission

Section 520.72, Florida Statutes provides: "Every home improvement finance seller or home improvement seller shall furnish to the buyer a notice of the right to rescind the contract. Either party to a home improvement contract may cancel the contract by the exercise of the right to rescind until midnight of the third business day following the execution of the contract by giving notice to the other party by either certified mail or registered mail. The party invoking this section is not liable to the other for any damages incurred by cancellation under this section." 

This section only applies if you have a "home improvement contract" defined as “a written agreement contained in one or more documents between a home improvement finance seller and an owner for the performance of a home improvement and includes all labor, materials, and services to be furnished when all or part of the contract price is to be paid in installments over a period of time greater than 90 days."

Trenton H. Cotney
Board Certified in Construction Law
Trent Cotney, P.A.
1207 N Franklin St, Ste 222
Tampa, FL 33602
(813) 579-3278

Comments

  1. I gave a 900 dollar deposit to a screening company and had to cancel after the 3 day period but prior to any work being performed. they only refunded 396 dollars citing charges for permit, permit extension and NOC ?? I called the county and the permit and extension only totaled 224 dollars. can I recover the remainder in court?

    ReplyDelete
    Replies
    1. Not likely, you did not cancel within your 3 day period

      Delete
  2. I have created kitchens in seven homes and used both custom cabinets with inset doors and full overlay doors. and sooo much more cost effective, that I have never regretted changing over.
    http://www.mhmremodeling.com

    ReplyDelete
  3. Good. I appreciate you. Have you another site for roofing like okc roofing. let me know. Thank you

    ReplyDelete
  4. Thanks for providing recent updates regarding the concern, I look forward to read more.winnipeg roofing

    ReplyDelete

Post a Comment

Popular posts from this blog

The Dotted Line: When Contractors Can Walk Off the Job

"Mass-timber" Sees Greater Use in Roofing and Construction Projects in Europe