12 CFR 1011.2: Revocation regardless of registration.
Where this section sits in the code
- Title 12—Banks and Banking
- CHAPTER X—CONSUMER FINANCIAL PROTECTION BUREAU
- PART 1011—PURCHASERS' REVOCATION RIGHTS, SALES PRACTICES AND STANDARDS (REGULATION K)
- Subpart A—Purchasers' Revocation Rights
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.
Collected 2026-08-27T02:24:16Z. Source file · JSON