Virginia Contract Cancellation Rights
Virginia contract cancellation rights will vary depending on the exact nature of the sales contract you're interested in getting out of.3 min read
Virginia contract cancellation rights will vary depending on the exact nature of the sales contract you're interested in getting out of. Any cancellation rights that you do have will probably be time-sensitive, so it's important to act quickly if you're trying to cancel a contract of this nature.
Does Virginia Have a Three-Day Contract Cancellation Law?
Generally speaking, there is no right that entitles somebody to cancel a contract within three days unless otherwise specifically stated within the contract itself. That doesn't mean that there aren't other ways to get out of a contract, though. Normally, when you purchase a product or service, the legal rights you are entitled to will be largely determined by the paperwork you sign at the time of the sale, if you sign any at all. If your sale does include a contract, it's a good idea to take a close look to see if the contract includes any cancellation rights you might be entitled to.
If no work has been done or you have not yet received the product you're purchasing, you may still have an opportunity to negotiate pricing with the seller. If you refuse to proceed, there's likely not much the contractor can do unless they've already expended resources in some form to prepare for their portion of the work to be performed. Laws pertaining to issues of this nature can vary, though, so it's a good idea to talk to an attorney before you do anything too drastic.
If you are interested in canceling a sale that you're party to, make sure you speak with an attorney with knowledge and experience regarding Consumer Law and find out what specific state requirements you might be expected to follow. If you need help finding a lawyer that specializes in this particular area of the law, you can always call the local Bar Association and request a referral.
As an alternative, you can view a free online database that lists Consumer Law attorneys in all 50 states to find an attorney close to you that can help. The lawyers that appear on this database are generally members of the only Consumer Law attorney association in the United States, which means they know their stuff when it comes to dealing with issues like the one you're facing. If you are facing a serious legal issue right now, it's important to act as quickly as possible because your legal rights are often time sensitive. If you need to pursue legal action, you may only have a short window of opportunity to do so under the statute of limitations.
Can You Cancel or Return Products Within Three Days?
Under normal circumstances, if your purchase wasn't made in a retail establishment, you can use buyer's remorse, otherwise known as a right of rescission, to get out of the contract. Simply put, buyer's remorse means that you want things to go back to the way they were before you made the purchase. Unfortunately, however, unless the seller specifically offers some sort of return policy or you're entering into a sales contract that allows for termination, there are limited laws providing buyers with the right to claim buyer's remorse.
The Federal Trade Commission does have a few safeguards in place that are designed to protect consumers in the event that they make a hasty decision. In some scenarios, for example, there is what is known as a "three-day cooling off period" that allows buyers to cancel the sales contract. Some of these scenarios include:
- Purchases made from a door-to-door salesman
- Items purchased from temporary business locations, such as mall kiosks
- Home-sale parties
- Sales hosted in locations such as a hotel, restaurant, or convention center
If your purchase was made in a retail establishment, however, under federal law, there is no three-day right to cancel pertaining to items such as:
- Items costing less than $25
- Real estate sales
- Insurance policies
- Farming equipment
- Goods for education or business
- Purchases made online, via mail, or over the phone
In the event that you are able to take advantage of this three-day cooling off period, you'll need to provide the merchant with a written notice of cancellation within three business days of the date you made the purchase. This notice should include:
- Your name
- Your address
- A phone number
- Identifying details for the item you purchased
- An explicit statement regarding your intent to cancel
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