Opinion   The Constitution of the United States of America is the Supreme Law of the Land in the United States and all subsequents laws legislated, enforced and tried musâ¦t conform to the Constitution if they are to have any force of law or weight.
*Make sure this 3 day right of rescission form complies with your local real estate laws before using it. If you have any doubts, you can ask a real estate lawyer online. Notice of Right to Cancel. You may CANCEL this transaction, without any penalty or obligation, within THREE BUSINESS DAYS from the above date.
With most reverse mortgages, you have at least three business days after closing to cancel the deal for any reason, without penalty. This is known as your right of ârescission.â To cancel, you must notify the lender in writing. Send your letter by certified mail, and ask for a return receipt.