1. Three business days: The rescission period starts the day after the purchase contract is signed and lasts for three full business days (excluding Sundays or legal holidays).
2. Motorhome definition: The law covers the purchase of new or used motor homes, defined as self-propelled vehicles designed to be used for temporary living quarters.
3. Delivery date: If the delivery date is three days after signing the contract, you can exercise your right of rescission.
4. Remedies: If you validly cancel the purchase within this period, the dealer must refund the full amount paid, including the down payment, and if they fail to do so within 10 days of the cancellation, you can sue for your money back plus damages.
5. Notice of cancellation: You must provide the dealer with a written notice of cancellation, delivered in person or sent by registered or certified mail, postmarked within the 3-day period.
6. Exceptions: The right to cancel does not apply if the motor home is damaged or altered by you, or if you drove more than 100 miles before discovering any problems.