What is the meaning of Recission?

Recission is the cancellation of a contract. With respect to mortgage refinancing, the law that gives the homeowner three days to cancel a contract in some cases once it is signed if the transaction uses equity in the home as security.

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APABarry Goldsmith. (2010). recission. Retrieved September 21, 2026, from http://smartdefine.org/recission/definitions/1161924
ChicagoBarry Goldsmith. 2010. "recission" http://smartdefine.org/recission/definitions/1161924 (accessed September 21, 2026).
HarvardBarry Goldsmith 2010, recission, Smart Define, viewed 21 September, 2026, <http://smartdefine.org/recission/definitions/1161924>.
MLABarry Goldsmith. "recission" 21 October 2010. Web. 21 September 2026. <http://smartdefine.org/recission/definitions/1161924>
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