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§ 1011.2 Revocation regardless of registration.

12 CFR 1011.2

Citation12 CFR 1011.2
CorpusDaily eCFR
Displayed edition2026-08-07
Last updated2026-08-07

§ 1011.2 Revocation regardless of registration.

All purchasers have the option to revoke a contract or lease with regard to a lot not exempt under §§ 1010.5 through 1010.11 and 1010.14 until midnight of the seventh day after the day that the purchaser signs a contract or lease. If a purchaser is entitled to a longer revocation period under state law, that period is deemed the Federal revocation period rather than the 7 days, and all contracts and agreements (including promissory notes) shall so state.