Right Of Rescission
Definition of "Right of rescission"
Borrower's right to cancel, within three business days, a creditor contract in which his or her residence is used as collateral. This right does not apply to first mortgage loans.
Popular Real Estate Terms
One of a series of inclined structural supports supporting a roof. ...
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Law enacted by a local authority applicable to the action of people or things. An example is a fine of $5,000 for littering vacant real estate. ...
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