Seniors are often targeted by door-to-door solicitations. Door-to-door solicitations are defined as a sale made by a seller at a place other than the seller’s place of business. However, these sales do not include transactions conducted completely by mail or telephone.
Sellers must provide the buyer with a fully completed receipt or a copy of the contract at the time the sale is executed. The receipt must show the sellers name and address and must contain the following language in bold type:
You, the buyer, may cancel the transaction at any time prior to midnight of the third business day after the date of the transaction. See the attached notice of cancellation form for the explanation of this right.
It is unlawful for any seller to inform a buyer orally at the time of the sale about the right to cancel or to return all payments within 10 days after receipt of the buyer’s notice of cancellation.
Drizin Law is providing this information for educational purposes only. It should not be construed as legal advice or a legal opinion as to any specific facts or circumstances. This information is based on general principles of Nevada law at the time it was created and you should be aware laws frequently change. Moreover, the laws affecting you may differ depending on the circumstances. You should consult with a qualified attorney in your own state or jurisdiction concerning your particular situation. Review of this information does not create an attorney-client relationship.