Can I Cancel a Lease Within 24 Hours in Georgia?
Full Question:
Answer:
Not unless you have cause under the terms of the lease, the lease terms allow for early termination, or the landlord consents. Buyer's remorse alone isn't sufficient to cancel a lease. Rescission is the name for the remedy that terminates the contractual duties of both parties, while reformation is the name for the remedy that allows courts to change the substance of a contract to correct inequities that were suffered. In order to have a rescission, both parties to the contract must be placed in the position they occupied before the contract was made. Courts have held that a party may rescind a contract for fraud, incapacity, duress, undue influence, material breach in performance of a promise, or mistake, among other grounds.