What is the name of your state (Michigan)?
On the August 11, 2008 I signed a purchase agreement to purchase a motorhome from a wholesale company. On August 12, 2008 I contacted the agent to inform him I was no longer interested in completing the transaction due to my own personal reasons. Is there a Rite to Rescind law in the State of Michigan for the purchase of personal property? Is he entitled to keep my $300 deposit? There was no language in the purchase agreement indicating the deposit was nonrefundable. Please advise!!!
On the August 11, 2008 I signed a purchase agreement to purchase a motorhome from a wholesale company. On August 12, 2008 I contacted the agent to inform him I was no longer interested in completing the transaction due to my own personal reasons. Is there a Rite to Rescind law in the State of Michigan for the purchase of personal property? Is he entitled to keep my $300 deposit? There was no language in the purchase agreement indicating the deposit was nonrefundable. Please advise!!!