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September 9, 2016

“Get Me Out of the Deal!”: Statutory Cancellation for Beginners

“Subject to” . .  “Statutory” . .  . “Cancellation” . . . Huh?!? [Editor’s Note:  In addition to “statutory cancellation,” there is another legal status called “subject to statutory Rescission.”  At least in Minnesota, purchasers of condo’s and townhomes have a 10 day right to rescind while they review the related Association disclosures.   While that 10-day...
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