Real Estate Contract Rescission in Florida
FL RE rescission: cancellation restoring pre-contract positions. Types: mutual, unilateral (contingency), or equitable (court-ordered). Grounds: contractual right, fraud, mutual/unilateral mistake, undue influence, and failure of consideration. Process: written notice, follow contract procedures, file lawsuit if refused. Act promptly; delay may waive the right. Return all benefits received.
Types
- Mutual: both agree
- Unilateral: contingency exercise
- Equitable: court-ordered
Grounds
- Fraud, misrepresentation
- Mutual/unilateral mistake
- Undue influence, duress
Process
- Written notice, state grounds
- Follow contract procedures
- File lawsuit if refused
Related Terms
- Rescission — Contract cancellation
Barnes Walker Real Estate
Barnes Walker’s attorneys handle RE rescission in Florida. Request a legal inquiry for assistance.
Reviewed by the attorneys at Barnes Walker, Goethe, Shea & Robinson, PLLC