{"data":{"id":"us-ri/r.i.-gen.-laws-5-80-4","jurisdiction":"us-ri","citation":"R.I. Gen. Laws § 5-80-4","heading":"Contract cancellation.","body":"(a) In addition to any other right of rescission, the foreclosed homeowner has the right to cancel any contract with a foreclosure purchaser until midnight of the fifth (5th) business day following the day on which the foreclosed homeowner signs a contract that complies with §§ 5-80-1 — 5-80-6 or until 8:00 a.m. on the last day of the period during which the foreclosed homeowner has a right of redemption, whichever occurs first.\n(b) Cancellation occurs when the foreclosed homeowner delivers, by any means, written notice of cancellation to addresses specified in the contract.\n(c) A notice of cancellation given by the foreclosed homeowner need not take the particular form as provided with the contract.\n(d) Within ten (10) days following the receipt of a notice of cancellation given in accordance with this section, the foreclosure purchaser shall return without condition any original contract and any other documents signed by the foreclosed homeowner.","path":["Title 5 Businesses and Professions","Chapter 80 Mortgage Foreclosure Purchasers"],"source_url":"https://webserver.rilegislature.gov/Statutes/TITLE5/5-80/5-80-4.htm","current_through":"site files published 2025-08-13","vintage":"","retrieved_at":"2026-09-05T16:39:34Z","sha256":"781487dc4bcb60ec8567728c1a744402a86fa810458bc9d4be2cfd7a54bd5b90","source_id":"us-ri","stale":true,"prev":"us-ri/r.i.-gen.-laws-5-80-3","next":"us-ri/r.i.-gen.-laws-5-80-5"},"notice":"GroundRules: Original legal text. Not legal advice."}