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.
Mail or bring the right of rescission document to your lender within 72 hours of closing. As soon as you present it to the lender, he must immediately cancel the mortgage contract. He cannot try to save the loan by renegotiating any of the terms. Get a copy of the mortgage release from the lender.