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    Melissa52's Avatar
    Melissa52 Posts: 4, Reputation: 1
    New Member
     
    #1

    May 1, 2007, 06:42 PM
    Can I rescind my Lease?
    I Missouri does the 3 day right of rescission apply to a lease?
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
     
    #2

    May 1, 2007, 06:53 PM
    The right of recission under federal law applies to loans used to purchase real estate. You can check the sticky note at the top of this forum to check MO laws. But I would just inform the landlord that you were backing out and see what he says.
    Melissa52's Avatar
    Melissa52 Posts: 4, Reputation: 1
    New Member
     
    #3

    May 1, 2007, 07:11 PM
    It helps somewhat, the sticky was no help. I just wish I knew a definite answer. If all else fails I will do what you said and just let them know I'm backing out.
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
    Expert
     
    #4

    May 1, 2007, 07:16 PM
    No here is not right to resind any lease in MO unless the least specificly gives you that right, once signed and agreed to is a binding

    But talk to the landlord, many will be willing to void the lease and just keep the money paid. ** but others may not.
    excon's Avatar
    excon Posts: 21,482, Reputation: 2992
    Uber Member
     
    #5

    May 2, 2007, 07:48 AM
    Hello Mellissa:

    No, a three day right of rescission applies to sales that occur in your home, like vacuums and siding you buy from pushy salesman in your living room.

    excon

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