Ohio Code § 1345.22 (2006)
§ 1345.22. Buyer's right to cancel; notice
In addition to any right otherwise to revoke an offer, the buyer has the
right to cancel a home solicitation sale until midnight of the third
business day after the day on which the buyer signs an agreement or offer to
purchase. Cancellation is evidenced by the buyer giving written notice of
cancellation to the seller at the address stated in the agreement or offer
to purchase. The buyer may deliver the notice by mail, telegram, manual
delivery, or other personal delivery. Written notice of cancellation shall
be effective upon the date of postmarking. Telegram delivery is effective
when the telegram is ordered. Manual delivery or other personal delivery is
effective when delivered to the seller or to the seller's address, whichever
comes first. Notice of cancellation need not take a particular form and is
sufficient if it indicates, by any form of written expression, the intention
of the buyer not to be bound by the home solicitation sale. Notice of
buyer's right to cancel must appear on all notes or other evidence of
indebtedness given pursuant to any home solicitation sale.
Where a home solicitation sale requires a seller to provide services, he
shall not commence performance of such services during the time in which the
buyer may cancel.
Ohio Code § 1345.23 (2006)
§ 1345.23. Writing required; contents, warning
(A) Every home solicitation shall be evidenced by a written agreement or
offer to purchase in the same language as that principally used in the oral
sales presentation and shall contain the name and address of the seller. The
seller shall present the writing to the buyer and obtain the buyer's
signature to it. The writing shall state the date on which the buyer
actually signs. The seller shall leave with the buyer a copy of the writing
which has been signed by the seller and complies with division (B) of this
(B) In connection with every home solicitation sale:
(1) The following statement shall appear clearly and conspicuously on the
copy of the contract left with the buyer in bold-face type of the minimum
size of ten points, in substantially the following form and in immediate
proximity to the space reserved in the contract for the signature of the
buyer: "You, the buyer, may cancel this transaction at any time prior to
midnight of the third business day after the date of this transaction. See
the attached notice of cancellation for an explanation of this right."
(2) A completed form, in duplicate, captioned "notice of cancellation",
shall be attached to the contract signed by the buyer and be easily
detachable, and shall contain in ten-point, boldface type, the following
information and statements in the same language as that used in the
NOTICE OF CANCELLATION
(enter date of
You may cancel this transaction, without any penalty or obligation,
within three business days from the above date.
If you cancel, any property traded in, any payments made by you under
the contract or sale, and any negotiable instrument executed by you will be
returned within ten business days following receipt by the seller of your
cancellation notice, and any security interest arising out of the
will be cancelled. If you cancel, you must make available to the seller at
your residence, in substantially as good condition as when received, any
delivered to you under this contract or sale; or you may if you wish, comply
with the instructions of the seller regarding the return shipment of the
at the seller's expense and risk.
If you do make the goods available to the seller and the seller does not
pick them up within twenty days of the date of your notice of cancellation,
you may retain or dispose of the goods without any further obligation. If
fail to make the goods available to the seller, or if you agree to return
goods to the seller and fail to do so, then you remain liable for
of all obligations under the contract.
To cancel this transaction, mail or deliver a signed and dated copy of
this cancellation notice or any other written notice, or send a telegram, to
(Name of seller), at (address of seller's place of business)
not later than midnight of
I hereby cancel this transaction.
(3) Before furnishing copies of the notice of cancellation to the buyer,
the seller shall complete both copies by entering the name of the seller,
the address of the seller's place of business, the date of the transaction
which is the date the buyer signed the contract and the date, not earlier
than the third business day following the date of the transaction, by which
the buyer may give notice of cancellation.
(4) A home solicitation sales contract which contains the notice of
buyer's right to cancel and notice of cancellation in the form and language
provided in the federal trade commission's trade regulation rule providing a
cooling-off period for door-to-door sales shall be deemed to comply with the
requirements of divisions (B)(1), (2), and (3) of this section with respect
to the form and language of such notices so long as the federal trade
commission language provides at least equal information to the consumer
concerning his right to cancel as is required by divisions (B)(1), (2), and
(3) of this section.
(C) Until the seller has complied with divisions (A) and (B) of this section
the buyer may cancel the home solicitation sale by notifying the seller by
mailing, delivering, or telegraphing written notice to the seller of his
intention to cancel. The three day period prescribed by section 1345.22 of
the Revised Code begins to run from the time the seller complies with
divisions (A) and (B) of this section.
(D) In connection with any home solicitation sale, no seller shall:
(1) Include in any home solicitation sales contract, any confession of
judgment or any waiver of any rights to which the buyer is entitled under
this section, including specifically his right to cancel the sale in
accordance with this section.
(2) Fail to inform each buyer orally, at the time he signs the contract
for the goods or services, of his right to cancel.
(3) Misrepresent in any manner the buyer's right to cancel.
(4) Fail or refuse to honor any valid notice of cancellation by a buyer
and within ten business days after receipt of such notice to:
(a) Refund all payments made under the contract or sale;
(b) Return any goods or property traded in, in substantially as good
condition as when received by the seller;
(c) Cancel and return any note, negotiable instrument, or other
evidence of indebtedness executed by the buyer in connection with the
contract or sale and take any action necessary or appropriate to reflect the
termination of any security interest or lien created under the sale or offer
(5) Negotiate, transfer, sell, or assign any note or other evidence of
indebtedness to a finance company or other third party prior to midnight of
the fifth business day following the day the contract for the goods or
services was signed.
(6) Fail to notify the buyer, within ten business days of receipt of the
buyer's notice of cancellation, whether the seller intends to repossess or
abandon any shipped or delivered goods.
§ 1345.22. Buyer's right to cancel; notice (2006)
Ohio Code § 1345.22 (2006)