Legal Termination

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January 1, 1 6 min read Definitions

Rescission Contract Cancellation Legal Termination Fraud Duress Misrepresentation Contract Law Real Estate Transactions

Rescission refers to the legal act of canceling or terminating a contract, most often due to issues like fraud, duress, misrepresentation, or mistake. It renders the contract void from the beginning, effectively restoring both parties to the situation they were in before the contract was made.