Contracts
In Louisiana, a 'buyer's right to rescind' based on the Property Disclosure is applicable when:
AThe buyer simply changes their mind about the property
BThe seller delivers the disclosure after the purchase agreement is accepted, allowing the buyer to rescind within a specified period if they object to the disclosed information✓ Correct
CThe lender requires additional disclosures
DThe buyer receives the disclosure more than 30 days before closing
Explanation
Louisiana's Property Disclosure Act provides a buyer's right to rescind if the disclosure is provided after the purchase agreement is accepted — protecting buyers who learn of material defects after committing to the purchase.
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