Wednesday, June 15, 2022 10:00:43 AM
https://guides.sll.texas.gov/right-to-cancel
A statutory right to cancel a contract or return a purchase because you change your mind is not the norm in Texas. State law grants a right to cancel — also called a “right of rescission” or a “cooling off” period — in only a few specific instances.
This guide provides a list of statutes that provide consumers with a right to cancel a contract or an agreement if certain conditions are met. We caution that it is not an exhaustive list.
If you do not see a statute that governs your particular situation, you may be bound by your agreement with the seller. Consult an attorney for more information about your right to cancel a contract or purchase.
Texas Laws
Below is a list of Texas laws that govern the right to cancel certain consumer contracts.
Texas Business and Commerce Code, Chapter 601
Door-to-door sales or sales made at a place other than the seller's place of business.
Section 301.052 of the Texas Business and Commerce Code
Goods or services purchased with a credit card from a telephone solicitor.
Section 345.066 of the Texas Finance Code
Retail installment contracts for goods and services (excluding motor vehicles) may be cancelled under certain conditions. These sales are generally between the retail buyer and seller.
Section 348.111 of the Texas Finance Code
Motor vehicle installment contracts may be cancelled under certain conditions. Installment sales are between the retail buyer and seller and do not apply to third-party loan providers.
Section 351.111 of the Texas Finance Code
Installment contracts for commercial motor vehicles may be cancelled under certain conditions.
Section 4102.103 of the Texas Insurance Code
Allows a consumer to cancel a contract with a public insurance adjuster within 72 hours of signature.
Sections 702.307 - 702.308 of the Texas Occupations Code
Health spa contracts may be fully or partially refunded under certain conditions.
Section 1201.1521 of the Texas Occupations Code
Contracts for sale, exchange, or lease of a manufactured home may be cancelled under certain conditions.
Section 1304.1581 of the Texas Occupations Code
Service contracts (also commonly called extended warranties) may be cancelled under certain conditions.
Section 5.074 of the Texas Property Code
Provides for the purchaser's right to cancel an executory contract (also known as an installment land contract, a contract for deed, or "lease to own"). Notice provisions and the time frame for cancellation are covered.
Section 82.156 of the Texas Property Code
Provides a right to cancel the purchase of a condominium unit if certain requirements are not met by the seller.
Section 221.041 of the Texas Property Code
Allows a purchaser to cancel a timeshare contract.
Section 222.008 of the Texas Property Code
Provides a limited right to cancel a membership camping contract under certain conditions.
Texas Constitution art. 16 sec. 50(a)(5)(C)
Texas homestead protections provide for a limited right to cancel a remodeling contract that would put a lien on the homestead.
Texas Constitution art. 16 sec. 50(a)(6)(Q)(viii)
Texas homestead protections provide a right to rescind a home equity loan (also known as a "reverse mortgage").
It is obvious to anyone reading this thread that this has no bearing on the discussion of this ticker and its related ticker's court debacle whatsoever. Texas allows only 3 days for consumers to cancel contracts for very carefully lined out sales.
Business acquisitions are a totally different matter and way more complex.
Eddie Vakser is a lying con artist that has published numerous lie-filled, fantasy driven press releases about acquisitions, business operations and art purchases etc in order to defraud investors. End of story!
Recent BDGR News
- BDGR Announces Revenue Producing Acquisitions and Management Financial Updates • ACCESS Newswire • 12/31/2025 01:35:00 PM
- Shareholders Updates • ACCESS Newswire • 12/30/2025 01:35:00 PM
- Shareholders Updates • ACCESS Newswire • 12/22/2025 01:41:00 PM
