24 C.F.R. § 1715.2   Revocation regardless of registration.


Title 24 - Housing and Urban Development


Title 24: Housing and Urban Development
PART 1715—PURCHASERS' REVOCATION RIGHTS, SALES PRACTICES AND STANDARDS
Subpart A—Purchasers' Revocation Rights

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§ 1715.2   Revocation regardless of registration.

All purchasers have the option to revoke a contract or lease with regard to a lot not exempt under §§1710.5 through 1710.11 and 1710.14 until midnight of the seventh day after the day that the purchaser signs a contract or lease. If a purchaser is entitled to a longer revocation period under State law, that period is deemed the Federal revocation period rather than the 7 days, and all contracts and agreements (including promissory notes) shall so state.

[61 FR 13597, Mar. 27, 1996]

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