Monrovia, CA asked in Contracts for California

Q: Can i rescind on a contract to buy a car

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2 Lawyer Answers

A: It depends on whether the other side has accepted the offer to purchase. If so, you can try to negotiate with the other side. However, you may not unilaterally rescind once the contract has been fully formed.

Zaher Fallahi
Zaher Fallahi
  • Los Angeles, CA
  • Licensed in California

A: A contract Rescission may be made under certain conditions. A contract may be rescinded if a party can prove; unconscionability, duress, misrepresentation, mistake, fraud, incapacity (minority or lack of mental capacity, voidable contract by one without capacity), undue influence, coercion, subject matter being illegal (void contract), etc. Each item here can be discussed in length. For example, mistake is a huge area of the law of contracts. I suggest you consult a business lawyer and provide all the facts. Good luck.

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