Palace Elite

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Original Message:

Re: Re: Palace Elite (by KC):

jayam3 wrote:
They should at least start to include the right to cancel in their agreement like most of the mortgage loans do.

Start???

They are already required by law to provide written notice of cancellation rights at the time of contract execution. Failure to provide this notice is grounds to invalidate the contract, even after the 5 days rescission period (with Profeco assistance).

Asking a buyer to sign a "waiver" of these cancellation rights during contract execution is also illegal and also grounds to void the contract, even after the 5 days rescission period has ended (again, likely requiring Profeco intervention to actually make that happen).