Contracts
The Florida 'Buyer's Right of Rescission' for new condominium contracts allows a buyer to cancel within how many days?
A3 business days
B10 calendar days✓ Correct
C15 calendar days
D30 calendar days
Explanation
Florida Statutes Chapter 718 provides buyers of newly constructed condominium units a 15-calendar-day right of rescission after receiving the required disclosure documents from the developer. For resale condos, the rescission period is 3 business days.
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