Code of Federal Regulations · Section
§ 1011.1 — General
12 C.F.R. § 1011.1
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The purpose of this subpart A is to elaborate on the revocation rights in 15 U.S.C. 1703, by enumerating certain conditions under which purchasers may exercise revocation rights. Generally, whenever revocation rights are available, they apply to promissory notes, as well as traditional agreements.
Authorizing Statute
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Requirements respecting sale or lease of lots15 U.S.C. § 1703
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Rules, regulations, and orders15 U.S.C. § 1718
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Rulemaking authority12 U.S.C. § 5512