Section 427. Buyer's or other obligor's right to cancel  


Latest version.
  • 1. In addition to
      any right otherwise to revoke  an  offer,  the  buyer  or  other  person
      obligated  for  any part of the purchase price may cancel a door-to-door
      sale until midnight of the third business day, or until midnight of  the
      seventh  business  day  in the case of a door-to-door sale of a personal
      emergency response service, after the day on which the buyer has  signed
      an agreement or offer to purchase relating to such sale.
        2. Cancellation occurs when written notice of cancellation is given to
      the seller.
        3.  Notice  of  cancellation,  if given by mail, shall be deemed given
      when deposited in a mailbox properly addressed and postage prepaid.
        4. Notice of cancellation need not take the form prescribed and  shall
      be  sufficient  if  it  indicates  the  intention of the buyer not to be
      bound.