Page 19 - Book8E

How to Cancel
To cancel a sale, sign and date one copy of the cancellation form. Mail it to the address given for cancellation, making sure the envelope is post-marked before midnight of the third business day after the contract date. (Saturday is considered a business day; Sundays and fed- eral holidays are not.) Because proof of the mailing date and proof of receipt are important, consider sending the cancellation form by certi- fied mail so you can get a return receipt. Or, consider hand delivering the cancellation notice before midnight of the third business day. Keep the other copy of the cancellation form for your records.
If the seller did not give cancellation forms, you can write your own cancellation letter. It must be post-marked within three business days of the sale.
You do not have to give a reason for canceling your purchase. You have a right to change your mind.
If You Cancel
If you cancel your purchase, the seller has 10 days to:
• cancel and return any promissory note or other negotiable instrument you signed;
• refund all your money and tell you whether any product you still have will be picked up; and
• return any trade-in.
Within 20 days, the seller must either pick up the items left with you, or reimburse you for mailing expenses, if you agree to send the items back.
If you received any goods from the seller, you must make them availa- ble to the seller in as good condition as when you received them. If you do not make the items available to the seller—or if you agree to return the items but fail to—you remain obligated under the contract.
Important Laws and Regulations Designed to Protect Consumers 9