Legal Question in Banking Law in Indiana
Canceling a lease with in 24 hour of signing
I just leased an automobile less than 6 hours ago can I cancel this lease and take the car back because it falls within the 72 hours of signing?
Asked on 9/30/02, 11:17 pm
1 Answer from Attorneys
John Bator
Bator Redman & Shive
Re: Canceling a lease with in 24 hour of signing
Ther is no grace period for a car purchase or lease-that only applies to residential real estate loans or consumer transactions where the seller came to your home. The dealership can enforce the lease unless you have some other reason for cancelling other than buyers remorse and ven those are limited
Answered on 10/01/02, 9:31 am
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