Contract Cancellation Due Misrepresentation

Summary

Rescission is the legal cancellation of a contract. In Kentucky, it can occur due to mutual agreement, material misrepresentation, or lack of capacity. Misrepresentation of material facts, such as lying about pets in a house, can be grounds for rescission. Consult a local lawyer, write a formal rescission letter, and be prepared to return the property and request a refund. Always consult with a local attorney, as laws can vary.

Full Conversation

What is recission
Rescission is a legal term referring to the undoing or cancellation of a contract. It can occur:
- When both parties agree to it
- When one party has made a material misrepresentation
- When one party lacks capacity to contract
Can you tell me where you're located to provide more specific information?
Kentucky
Hello ****, in Kentucky, rescission of a contract can occur under the following conditions:
- Mutual agreement between parties
- Material misrepresentation or fraud
- One party lacks capacity to contract
Are you seeking to rescind a contract?
Yes
Could you please provide more information about the contract? For instance, what it pertains to and why you wish to rescind it? This will help me give you more tailored advice.
The seller lied about pets in the house and my son is highly allergic
Hello ****, in Kentucky, misrepresentation of material facts may provide grounds for rescission. Here are some steps:
- Consult with a local lawyer
- Write a formal rescission letter
- Be prepared to return the property and request a refund
Always consult with a local attorney, as laws can vary.