Because the payment schedule is still a material disclosure under the right of rescission rule, the MDIA impacts the secondary market greatly for rescindable loans. |
Henceforth CC Art. 209 provided that unilaterally formulated standard contract terms used by legal persons, which conferred an unjustified advantage on one party, were rescindable. |
South African law holds that a decision is final when it is no longer rescindable. |
Because details of a transfer are implemented between a rescindable capability and a goods description, rights to goods of any type can be transferred. |
If the terms are not adequately disclosed, a mortgage is rescindable, but the general public may not be aware of that, Kiesel said. |
A business-purpose loan is not rescindable, even if secured by the borrower's principal dwelling, because the credit is not subject to Truth-in-Lending. |