Cal. Civ. Code § 1695.5
"You may cancel this contract for the sale of your house without any penalty or obligation at any time before | ||
_____ (Date and time of day) _____. | ||
See the attached notice of cancellation form for an explanation of this right. "The equity purchaser shall accurately enter the date and time of day on which the rescission right ends. (b) The contract shall be accompanied by a completed form in duplicate, captioned "notice of cancellation" in a size equal to 12-point bold type, if the contract is printed or in capital letters if the contract is typed, followed by a space in which the equity purchaser shall enter the date on which the equity seller executes any contract. This form shall be attached to the contract, shall be easily detachable, and shall contain in type of at least 10-point, if the contract is printed or in capital letters if the contract is typed, the following statement written in the same language as used in the contract: | ||
"NOTICE OF CANCELLATION | ||
_____ (Enter date contract signed) _____ | ||
You may cancel this contract for the sale of your house, without any penalty or obligation, at any time before | ||
_____ (Enter date and time of day) _____. | ||
To cancel this transaction, personally deliver a signed and dated copy of this cancellation notice, or send a telegram | ||
to _____ (Name of purchaser) _____ , | ||
at _____ (Street address of purchaser's place of business) _____ | ||
NOT LATER THAN (Enter date and time of day). | ||
I hereby cancel this transaction _____ (Date) _____. | ||
(Seller's signature)" |
Ca. Civ. Code § 1695.5