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Extract Data Mutual Rescission And Release Agreement

Extract Data Mutual Rescission And Release Agreement

Aug 6th, 2022

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How to Extract Data Mutual Rescission And Release Agreement

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Speaker 1 poses a question about the difference between the cancellation of a contract and rescission. Speaker 2 explains that rescission implies that the contract never existed, highlighting that it can occur in specific situations, such as refinancing a mortgage. In this context, a homeowner has a three-day rescission period when refinancing their primary residence, allowing them to back out of the contract even after signing the paperwork.

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