Irma, Lincoln County, Wisconsin: Browse Thousands of Acres of Land for Sale in Irma, Lincoln County, Wisconsin.
Wiktionary (0.00 / 0 votes) Rate this definition: rescind (Verb). To repeal, annul, or declare void; to take (something such as a rule or contract) out of effect. The agency will rescind the policy because many people are dissatisfied with it. Origin: From the rescindo, from re- + scindo.
Cancelling or withdrawing from the contract. Legal cancellation of a contract is called rescission. In addition to rescission, you have the right to withdraw from the sale contract in certain circumstances (s 88B MCT Act). The procedure is set out in â Motor Car Traders Act ss 45, 88B â. You must rescind or withdraw from the contract quickly.