KRS 367.622: Right to cancel real estate goods or services contract -- Conditions -- Notice

of cancellation.

(1) A person who enters into a real estate goods or services contract with a contractor

may cancel the contract prior to midnight of the fifth b usiness day after the person

has received written notice from the insurer that all or part of the claim is not a

covered loss under the insurance policy.

(2) Cancellation shall be deemed to have occurred when the person does any of the

following:

(a) Personally delivers written notice of cancellation to the contractor;

(b) Deposits written notice of cancellation in the United States mail, postage

prepaid, and addressed to the contractor at the address stated in the contract;

or

(c) Transmits notice of cancellation to the contractor by facsimile or email.

(3) Notice of cancellation need not take a particular form and is sufficient if it indicates

by any form of written or recorded expression the intention of the person not to be

bound by the contract.