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The 3-Day
Right to Rescission applies to
door-to-door sales where the
price is in excess of $25 (NRS
598.230).
It
does not apply to car sales.
15 U.S.C.
§ 1635
(Federal law) gives a three-day
right of rescission of a finance
agreement, but that does not
apply to the underlying sale.
It does apply to some bank
loans.
For more information, read
BankRate.com’s article entitled,
“Right of rescission lets you
back out of some loans”. |