How long do you have to rescind a contract and get a full refund?
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How long do you have to rescind a contract and get a full refund?
My daughter bought a wedding gown in NY. Their contract says you can cancel the order, but you will only get a store credit. Does she have any amount of time to rescind the contract and get a full credit rather than a store credit?
Asked on May 23, 2011 under General Practice, Connecticut
Answers:
M.D., Member, California and New York Bar / FreeAdvice Contributing Attorney
Answered 13 years ago | Contributor
What you are referring to here is a "right of rescission" or "cooling off period" (typically 3 days). This is a legal tool which provides consumers with the right to cancel certain contracts that they have entered into. This right of rescission for contracts is not applied to all cases however, contrary to popular belief. It only applies to a select few type of transactions. Typically, for example, door-to-door type unsolicited sales or the purchase of timeshares. And this is not your situation. Consequently, the law doesn't appear to apply to your daughter's case. Consequently she is bound by the terms of the contract.
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