Notice of the borrower's right to rescind a consumer credit transaction secured by the borrower's principal dwelling, as required by the Truth in Lending Act (15 U.S.C. § 1635) and Regulation Z (12 CFR § 1026.23). Includes rescission period calculation, how to exercise the right, and borrower acknowledgment.
The Notice of Right to Rescind (TILA) is a ready-to-use finance & investment template you can send for signature in minutes. It is written for 1 signer (borrower) and, by default, expires 30 days after it is sent if left unsigned. It covers right to rescind, tila, regulation z, heloc, refinance, consumer protection. Like every Abundera Sign template it is a convenience draft structured for ESIGN Act and UETA compliance, not a substitute for legal advice. Each signed copy is sealed with PAdES-LTA digital signatures, dual RFC 3161 timestamps, and a tamper-evident evidence package in WORM storage.
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# Notice of Right to Rescind (TILA) --- ## YOUR RIGHT TO CANCEL **You are entering into a transaction that will result in a mortgage, lien, or security interest on your home. You have a legal right under federal law to cancel this transaction, without cost, within THREE BUSINESS DAYS from whichever of the following events occurs last:** 1. The date of the transaction (consummation / closing), which is: ___________ 2. The date you received your Truth in Lending disclosures: ___________ 3. The date you received this Notice of Right to Rescind: ___________ **Your rescission period expires at midnight on:** ___________ *Business days means all calendar days except Sundays and federal public holidays.* --- ## Section 1 — Loan and Property Information **Lender Name:** ___________ **Lender Address:** ___________ **Lender City:** ___________ **Lender State:** ___________ **Lender ZIP:** ___________ **Lender Phone:** ___________ --- **Property Address (Principal Dwelling):** ___________ **Property City:** ___________