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Reply To: Rescission

#4431
Mary Frances
Member

So if the purchase contact states that the rents already paid will go towards the purchase of the property RoR applies. But if the purchase contract does not state anything about the rent money going towards the purchase then RoR would not apply.
Correct?

And where did you find the Staff Interpretations? I have searched using 1026.2 and 226.2 and it does not come up for me.