Next AdvisorPressYes, You Can Cancel Your Refinance. What You Need To Know About The Right Of Rescission

June 29, 2021

Yes, You Can Cancel Your Refinance. What You Need To Know About The Right Of Rescission

“The right [of rescission] remains in effect until midnight of the third business day following consummation, or delivery of all material disclosures regarding the loan, whichever occurs last,” says Richard Ortoli, co-founder of New York law firm Ortoli Rosenstadt LLP and head of the firm’s real estate and international practices. “If the disclosures are inaccurate, the right to rescind may be extended for up to three years.”

About Ortoli Rosenstadt LLP

Founded in 2006, Ortoli Rosenstadt LLP is a New York based law firm representing global clients. With its attorneys' abilities to speak nine different languages, the firm is able to provide cutting-edge, solution-oriented legal advice to its clients in a wide variety of practice areas including corporate & securities, mergers and acquisitions, real estate, global mobility and employment, intellectual property, and litigation.

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New York

Ortoli | Rosenstadt
LLP

366 Madison Ave, 3rd Flr,
New York, NY 10017

+1 212 588-0022

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Miami

Ortoli | Rosenstadt
LLP

1000 Brickell Avenue, Suite 400,
Miami, FL 33131

+1 786 289-0022

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Singapore

Ortoli | Rosenstadt
LLP

20 Collyer Quay, Suite 14-01,
Singapore 049319

+65 8444 7243

About Ortoli Rosenstadt LLP

Founded in 2006, Ortoli Rosenstadt LLP is a New York based law firm representing global clients. With its attorneys' abilities to speak nine different languages, the firm is able to provide cutting-edge, solution-oriented legal advice to its clients in a wide variety of practice areas including corporate & securities, mergers and acquisitions, real estate, global mobility and employment, intellectual property, and litigation.