§ 500-202. Contract contents; notice to buyer
Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 73 P.S. Trade and Commerce
73 P.S. § 500-202
§ 500-202. Contract contents; notice to buyer
Every home improvement installment contract shall contain:
(c) A notice in at least eight point bold type reading as follows: “Notice to Buyer”: (1) Do not sign this contract before you read it. (2) You are entitled to a completely filled-in copy of this contract. (3) Under the law, you have the right to pay off in advance the full amount due and, under certain conditions, to obtain a partial refund of the finance charge. (4) You may rescind this contract, subject to liability for any liquidated damage provision thereof authorized by law, not later than five P.M. on the business day following the date thereof by giving written notice of rescission to the contractor at his place of business given in the contract,” but if you rescind after five P.M. on the business day following, you are still entitled to offer defenses in mitigation of damages and to pursue any rights of action or defenses that arise out of the transaction.
Credits
1963, Aug. 14, P.L. 1082, art. II, § 202.
73 P.S. § 500-202, PA ST 73 P.S. § 500-202
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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