what is the law providing the purchaser's right for "rescission of a purchase agreement"?If I signed a purchase agreement of a condo on 2/9/11, do I have 7 days to cancel it without penalty?February 15 2011 - Bellevue0YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.