Sentence examples similar to statement of rescission from inspiring English sources
Unless a contract includes a mortgage contingency, nothing in the law allows for a change in financial circumstances or the lending market to constitute a "right of rescission".
For example, borrowers will sometimes apply with several lenders simultaneously and use the right of rescission to coerce them into offering better terms.
The right of rescission, as it is known, is a federally mandated contractual provision, and it is limited to refinancing agreements and must be exercised by midnight of the third business day after closing.
Still, through the award of rescission, attorney's fees and costs, the message comes through loud and clear.
ObamaCare will end the practice of rescission where insurers drop ill customers to avoid their mounting bills.
Non-compliance with applicable securities laws could result in severe consequences, including a right of rescission for the stockholders (i.e., the right to get their money back, plus interest), injunctive relief, fines and penalties, and possible criminal prosecution.
The ICA basically took away any presidential right of rescission.
The President shone a spotlight on the sin of rescission -- the process by which insurance companies protect their profits by dumping customers when they get sick.
President Obama cited other cases of rescission in his recent speech before a joint session of Congress as a major reason that health reform is necessary.
[5] Femen statement of objectives.
