i have recently signed a policy over for sale, it has taken 8 months al together and still on going. The company says that the legal stages can take 6/8 weeks but could be longer even 12 weeks or more, it is now 16/18 weeks is my contract still enforcable or can i cancel or ask for a "new offer". please, any legal people out there. WORRIED!!!
2006-12-04 05:05:59 · 6 answers · asked by Audrey L 1 in Politics & Government ➔ Law & Ethics
i have signed on the dottied line but does that meen i ahve to wait for indefinate period of time. I wanted to use the money to re-invest and i have lost out all round
2006-12-04 05:17:18 · update #1
What does the contract say? It should have a Term listed on it someplace. The only way to find out is to read it.
If there is no specific language, there is probably a cancellation clause with what the terms are.
2006-12-04 05:09:32 · answer #1 · answered by Aggie80 5 · 0⤊ 0⤋
In the UK there are many rules. What it sounds like is the "Lapse" terms in the contract. Check it out. A contract can "Lapse" for several reasons, some contractual some statute limited. Without knowing more I cant help.....sorry.
xxB
2006-12-04 05:08:58 · answer #2 · answered by Anonymous · 0⤊ 0⤋
People on 'Answers' tend to not give good information when they are asking questions. Contracts are governed by your state. Generally, I believe that you can get out of any 'offer' any time prior to the 'final execution'. Final Execution being all pertinent signatures are on the dotted line.
2006-12-04 05:12:37 · answer #3 · answered by Suzan 3 · 0⤊ 0⤋
Unless there is a time limit shown, and unless there are logical reasons for a limit, it is for an indefinite time period.
If they gave you a time within which they would ratify the contract, then you may be able to fight it on that basis, if you have witnesses, or they have done that to others...
2006-12-04 05:10:53 · answer #4 · answered by Anonymous · 0⤊ 0⤋
if you are in the UK, its six years to enforce from repudiation or default.
You can request a cancel, but they must agree to it. From your vague information its difficult to tell.
2006-12-11 01:15:13 · answer #5 · answered by logicalawyer 3 · 0⤊ 0⤋
what is sale about?,(a house, car,land, business,etc.)You need to give more information before your question can be answered.
2006-12-04 05:14:32 · answer #6 · answered by Anonymous · 0⤊ 0⤋