Your Right to Cancel a Purchase in Kentucky

For a home solicitation sale (a sale where the seller personally solicits the buyer at the buyer's home and the buyer agrees there), the buyer may cancel until midnight of the third business day after signing, by written notice to the seller at the address in the agreement; a mailed notice counts when mailed. The seller must give a written agreement with a "BUYER'S RIGHT TO CANCEL" statement, and until it does, the buyer can cancel by any means. The right does not apply if the buyer asked for immediate emergency goods or services and the seller has already substantially begun work. For home solicitation loans secured by the buyer's principal home, the cancellation period runs until midnight of the tenth business day after the later of the loan closing or delivery of the federal Truth in Lending disclosures. Separately, a person who signs a contract with a contractor for property repairs to be paid from insurance may cancel before midnight of the fifth business day after receiving written notice from the insurer that all or part of the claim is not covered.