Q: After esigning a lease renewal, and not hearing back from mgmt company, how long would we be entitled to cancel?
About a week after submitting a lease renewal, and not hearing anything back, we wrote asking the management company not to finalize. A few days later they responded saying they had already signed the document but just hadn't delivered it to us, and were not willing to release us from the lease. I understand federal law would give us 3 days to cancel the contract, correct? But this was a bit longer than that. Does NC law give us any longer? Does the fact that they're only claiming now to have countersigned the lease improve our position?
A: I am not licensed in North Carolina so I cannot answer for them about what their statutes may say; but I can tell you that there is NO such federal law forcing the states or anyone else to provide a 3 day cancellation period for anything.
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