recision

English - Turkish

Definition of recision in English Turkish dictionary

(Kanun) bozma

(Kanun) fesih

sözleşme iptali

iptal

English - English

Definition of recision in English English dictionary

The cancellation or annulment of a transaction or contract by the operation of a law or by mutual consent Borrowers usually have the option to cancel a refinance transaction within three business days after it has closed

Law that gives the borrower 3 days after signing to cancel a contract in some cases, if the transaction uses home equity as security

The cancellation of a contract With respect to mortgage refinancing, the law that gives the homeowner three days (the recision period) to cancel a contract in some cases once it is signed, if the transaction uses equity in the home as security

The cancellation or annulment of a transaction or contract by the operation of law or by mutual consent

The cancellation of a contract With respect to mortgage refinancing, the law that gives the home owner three days to cancel a contract in some cases once it is signed if the transaction uses equity in the home as security

The act of canceling the effect of a document

The cancellation of a contract With respect to mortgage refinancing, the law that gives the homeowner three days to cancel a contract, under certain circumstances and terms, once it is signed if the transaction uses equity in the home as security

The act of cutting off

The cancellation of a contract When refinancing a mortgage on a principal residence the law gives the homeowner three days to cancel the contract

>> The legal remedy for canceling, a contract and restoring the parties to their original positions; a return to status quo

The cancellation of a mortgage loan, permitted by law, within three days of signing when the loan is not used to refinance a home

{i} cancellation, annulment, act of making void, rescindment

The cancellation of a contract With respect to mortgage refinancing, the law that gives the homeowner three days to cancel a contract in some cases once it is signed if the transaction uses equity in the home as security

This is the cancellation of a contract With respect to mortgage refinancing, the law that gives the homeowner three days to cancel a contract in some cases once it is signed if the transaction uses equity in the home as security This is not the case in purchases See also NOTICE OF RIGHT TO CANCEL

The cancellation of a policy back to its effective date resulting in a return of all premium charged

Hyphenation

re·ci·sion

Turkish pronunciation

rîsîjın

Pronunciation

/rəˈsəᴢʜən/ /rɪˈsɪʒən/