Do I have 3 days try to get out of a real estate contract?
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Do I have 3 days try to get out of a real estate contract?
Asked on December 30, 2012 under Real Estate Law, New Jersey
Answers:
M.D., Member, California and New York Bar / FreeAdvice Contributing Attorney
Answered 11 years ago | Contributor
Probably not. The fact is that a "3 day right of recission" typically applies to transactions like gym memberships or door-to-door solicitations, etc. Regarding real estate, as a general rule, only financing documents or contracts to purchase timeshares are subject to the 3-day rule.
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