Right of rescission

re·scis·sion (r

-s

The act of rescinding.

[Latin rescissi, rescissin-, from rescissus, past participle of rescindere, to rescind; see rescind.]

rescission [rɪˈsɪʒən]

1. the act of rescinding

2. (Law) Law the right to have a contract set aside if it has been entered into mistakenly, as a result of misrepresentation, undue influence, etc.

ThesaurusLegend: Synonyms Related Words Antonyms

Noun

rescission - (law) the act of rescinding; the cancellation of a contract and the return of the parties to the positions they would have had if the contract had not been made; "recission may be brought about by decree or by mutual consent"

recission

cancellation - the act of cancelling; calling off some arrangement

law, jurisprudence - the collection of rules imposed by authority; "civilization presupposes respect for the law"; "the great problem for jurisprudence to allow freedom while enforcing order"

Translations

rescission [rɪˈsɪʒən] N [of contract] → rescisión f; [of order] → anulación f (Jur) → abrogación f

rescission

n (esp Jur, of judgement, law, decision) → Aufhebung f, → Annullierung f; (of contract etc) → Rücktritt m → (of von); (of purchase) → Rückgängigmachung f

Mentioned in	?		References in periodicals archive	?		Dictionary browser	?		Full browser	?
abolition abrogation annulment cancellation jurisprudence Law recall recission removal repeal rescissory withdrawal	Instead of offering the plaintiff the right to rescind the agreement, as required by the offering plan, the defendant sponsor's 16th amendment to the offering plan states that purchasers have no right of rescission related to the first closing," attorneys Philip Hines and Marc Held wrote in the complaint. Buyer sues Extell for deposit at Rushmore by Jones, David / The Real Deal If the creditor has made all the required disclosures, a consumer has three days to rescind the transaction--but the right of rescission is extended to three years if the creditor fails to deliver the proper disclosures, Ramsey explained. Delinquent borrowers more apt to litigate than mitigate by Mortgage Banking A right of rescission for a franchisee created when there is a disclosure compliance violation arguably gives rise to a contingent liability and the obligation to record a reserve when the franchise opens and the initial franchise fee has been recognized as revenue by the franchisor. Franchise compliance sets the tone by Buckberg, Joel R. / Franchising World	right coronary artery Right descension right face right field right fielder right gastric artery right gastric vein right hand right hander right hemisphere Right honorable Right Honourable Right line right of action right of asylum Right of drain Right of drip right of election Right of eminent domain right of entry right of first publication Right of nullification right of offset right of privacy right of re-entry Right of rescission right of search Right of support Right of the tabouret Right of visit right of way right off right on Right pyramid Right Reverend Right sailing Right shoulder arms right smart Right sphere right stage right stuff right to an attorney right to confront accusors right to due process right to liberty right to life right to privacy right to speedy and public trial by jury right to the pursuit of happiness right to vote right triangle	Right of ownership Right of ownership Right of ownership Right of ownership Right of passage Right of passage Right of passage Right of passage Right of passage Right of Permanent Residence Fee Right of possession right of primogeniture right of primogeniture right of primogeniture right of privacy right of privacy right of privacy right of privacy right of prospect right of put and call Right of quiet enjoyment Right of quiet enjoyment Right of quiet enjoyment Right of quiet enjoyment right of re-entry right of recovery Right of redemption Right of Reentry Right of relief right of representation Right of rescission right of retention Right of return Right of Return Congress Right of Review Right of Review Right of Review Right of Review right of search right of search Right of self-determination Right of self-determination Right of self-determination Right of self-determination Right of Set Off Right of Set-Off Right of Setoff right of succession Right of support right of survivorship right of survivorship right of survivorship Right of the tabouret Right of the territory Right of Use Right of Use Right of Use and Easement Right of visit Right of Voluntary Association Right of Voluntary Association Right of vote for women

Mentioned in

References in periodicals archive

Dictionary browser

Full browser

abolition
abrogation
annulment
cancellation
jurisprudence
Law
recall
recission
removal
repeal
rescissory
withdrawal

Instead of offering the plaintiff the right to rescind the agreement, as required by the offering plan, the defendant sponsor's 16th amendment to the offering plan states that purchasers have no right of rescission related to the first closing," attorneys Philip Hines and Marc Held wrote in the complaint.

Buyer sues Extell for deposit at Rushmore by Jones, David / The Real Deal

If the creditor has made all the required disclosures, a consumer has three days to rescind the transaction--but the right of rescission is extended to three years if the creditor fails to deliver the proper disclosures, Ramsey explained.

Delinquent borrowers more apt to litigate than mitigate by Mortgage Banking

A right of rescission for a franchisee created when there is a disclosure compliance violation arguably gives rise to a contingent liability and the obligation to record a reserve when the franchise opens and the initial franchise fee has been recognized as revenue by the franchisor.

Franchise compliance sets the tone by Buckberg, Joel R. / Franchising World

Right of ownership
Right of ownership
Right of ownership
Right of ownership
Right of passage
Right of passage
Right of passage
Right of passage
Right of passage
Right of Permanent Residence Fee
Right of possession
right of primogeniture
right of primogeniture
right of primogeniture
right of privacy
right of privacy
right of privacy
right of privacy
right of prospect
right of put and call
Right of quiet enjoyment
Right of quiet enjoyment
Right of quiet enjoyment
Right of quiet enjoyment
right of re-entry
right of recovery
Right of redemption
Right of Reentry
Right of relief
right of representation

Right of rescission

right of retention
Right of return
Right of Return Congress
Right of Review
Right of Review
Right of Review
Right of Review
right of search
right of search
Right of self-determination
Right of self-determination
Right of self-determination
Right of self-determination
Right of Set Off
Right of Set-Off
Right of Setoff
right of succession
Right of support
right of survivorship
right of survivorship
right of survivorship
Right of the tabouret
Right of the territory
Right of Use
Right of Use
Right of Use and Easement
Right of visit
Right of Voluntary Association
Right of Voluntary Association
Right of vote for women

rescission (redirected from Right of rescission)

rescission
(redirected from Right of rescission)