2792.31. Notice of Rescission Rights.

2792.31. Notice of Rescission Rights. somebody

2792.31. Notice of Rescission Rights.
(a) To inform a person of his/her right of rescission under Section 11000.2 of the Code, the subdivider shall attach to
the face page of every copy of a subdivision public report given to a prospective purchaser, the notice set forth in
subdivision (b) hereof printed in not less than 12-point bold face capital letters and numerals.
(b) The form and content of the notice shall be as follows:

IF YOU MAKE AN OFFER TO PURCHASE AN UNDIVIDED INTEREST(S) IN THE UNDIVIDED
INTEREST SUBDIVISION IDENTIFIED BELOW, YOU HAVE A LEGAL RIGHT TO RESCIND (CANCEL)
THIS OFFER, AND ANY CONTRACT RESULTING FROM THE ACCEPTANCE OF YOUR OFFER, AND
THE RETURN OF ALL MONEY AND OTHER CONSIDERATION THAT YOU HAVE GIVEN TOWARD
THE PURCHASE UNTIL MIDNIGHT OF THE THIRD CALENDAR DAY AFTER THE DAY ON WHICH
YOU SIGN THE OFFER TO PURCHASE.
YOU MAY EXERCISE THIS RIGHT TO RESCIND WITHOUT GIVING ANY REASON AND WITHOUT
INCURRING ANY PENALTY OR OBLIGATION BY NOTIFYING
____________________________________________________________________________
(Name of Subdivider)
AT _________________________________________________________________________
____________________________________________________________________________
(Address)
OF YOUR ELECTION TO RESCIND BY TELEGRAPHIC COMMUNICATION, MAIL OR OTHER
WRITTEN NOTICE.
IF THE NOTICE OF RESCISSION IS SENT BY UNITED STATES MAIL, IT SHALL BE CONSIDERED
GIVEN ON THE DATE THAT IT IS POSTMARKED. IF THE NOTICE IS BY TELEGRAPHIC
COMMUNICATION, IT SHALL BE CONSIDERED GIVEN WHEN TRANSMITTED FROM THE PLACE
OF ORIGIN. IF NOTIFICATION IS BY MEANS OF A WRITING TRANSMITTED OTHER THAN BY
UNITED STATES MAIL OR TELEGRAPH, IT SHALL BE CONSIDERED GIVEN AT THE TIME OF
DELIVERY AT THE ABOVE PLACE OF BUSINESS.
YOU MAY USE THIS NOTICE FOR THE PURPOSE OF RESCINDING YOUR OFFER TO PURCHASE BY
COMPLETING THE BLANKS AND BY DATING AND SIGNING BELOW. THE USE OF REGISTERED OR
CERTIFIED MAIL WITH RETURN RECEIPT REQUESTED IS RECOMMENDED FOR TRANSMITTAL
OF THIS NOTICE BY MAIL.
_______________________________________________________________________________
(Name of Undivided Interest Subdivision) (DRE File Number)
I HEREBY RESCIND MY OFFER OF ____________________________________________
(Date)
TO PURCHASE AN UNDIVIDED INTEREST
______________________________________________________________________________
(Identification Number, If Known)
IN THE ABOVE-NAMED UNDIVIDED INTEREST SUBDIVISION.

_______________ , 19___. ________________________________________________________
(Date) (Signature)



________________________________________________________
(Signature)