3 Day Refund and Cancellation Rule

Under some cases, you can cancel a transaction within 3 days and obtain a refund.

1. When Does the 3 Day Refund Rule Apply 

The FTC’s Cooling-Off Rule provides gives you a 3-day right to cancel a sale made at your home or workplace or dormitory, or at a seller’s temporary location, like a hotel or convention center.    It also applies when you invite a salesperson to make a presentation in your home.  But not all sales are covered.    FTC 3 day Rule

2. Automobile Sales Exception

Unfortunately, the FTC Rule does not apply to car sales.

3. Documentation of Right to Cancel 

In most transaction,  the seller must tell you about your right to cancel at the time of sale. and provide you with a cancellation form.

4. Claims for Fraud or Failure to Provide Refund

Have you received defective merchandise or been misled.  Call (973) 598-1980 for a Free Consultation. 

 

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