Exchange Currency

rescission clause

A specific clause occasionally found in contracts for deed that require the seller to return all the buyer's payments, minus a fair rental value, if the buyer defaults.

Related information about rescission clause:
  1. What is rescission clause? definition and meaning
    Definition of rescission clause: A specific clause occasionally found in contracts for deed that require the seller to return all the buyer's payments, minus a fair ...
     
  2. How to Terminate a Contract (with Sample Termination Letter)
    Nov 10, 2012 ... If your contract does not contain a rescission clause, check your state's statutes, with an attorney or with your state's Attorney General, to see if a ...
     
  3. How to Cancel a Contract for a Deed: 7 steps - wikiHow
    Jun 25, 2012 ... If your contract does not contain a rescission clause, check your state's statutes, with an attorney, or with your state's Attorney General, to see if ...
     
  4. Sale of Land—Vendor's Rescission Clause—Mortgages
    SALE OF LAND VENDOR'S RESCISSION CLAUSE—MORTGAGES. THE case of Baines v. Tweddle [1959] Ch. 679 is concerned with the effect on a contract for ...
     
  5. Spencer's Art Law Journal. Buyer's Recission Rights for - Artnet
    The standard rescission clause for auction houses is also lacking a time limit, ... An individual buyer should include a time period in the rescission clause.
     
  6. Sedgwick - Law Firm Publications & Presentations - Eighth Circuit's ...
    The court held that if an ERISA fiduciary decides to retroactively rescind an employee's coverage on the basis of an automatic rescission clause in the policy in a ...
     
  7. Court Sets Aside Rescission Clause but Leaves Limitation of ...
    Court Sets Aside Rescission Clause but Leaves Limitation of Liability Intact. Contributed by NautaDutilh. February 21 2006. Facts Decision Comment. On April ...
     
  8. Can I Change my Mind After Signing a Contract?
    Whether there is a rescission period or not will depend on if there is a rescission clause in your contract. Even if there is no such clause, the laws of your state ...