§ 14-302.1. Notice of cancellation
West's Annotated Code of MarylandCommercial LawEffective: June 1, 2016
Effective: June 1, 2016
MD Code, Commercial Law, § 14-302.1
§ 14-302.1. Notice of cancellation
Notwithstanding § 14-302 of this subtitle, for a home improvement contract:
(3) The date by which the buyer may give notice of cancellation that must be entered by the seller on the “Notice of Cancellation” under § 14-302(3) of this subtitle may not be earlier than the fifth business day following the date of the transaction, or the 7th business day following the date of the transaction if the buyer is at least 65 years old; and
“I, (insert name), have been provided oral notice that I have the right to cancel this transaction, without any penalty or obligation, within 5 business days from the date of the transaction specified on the “Notice of Cancellation”, or, if I am at least 65 years old, within 7 business days from the date of the transaction specified on the “Notice of Cancellation”.
check if buyer is at least 65 years old
(Buyer's signature) | (date)”; or |
Credits
Added by Acts 2016, c. 485, § 1, eff. June 1, 2016.
MD Code, Commercial Law, § 14-302.1, MD COML § 14-302.1
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
End of Document |