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Home Q&A Forum Can an equipment finance contract be cancelled before the equipment has been delivered and any money exchanged?

Business

Cancellation Agreement

Texas

Asked on Mar 17, 2023

Can an equipment finance contract be cancelled before the equipment has been delivered and any money exchanged?

I signed the agreement in Oct 2022 waiting for equipment to deliver in early April 2023.

1 Attorney answer

Answer

Business

Texas

Answered 462 days ago

Matthew S.

ContractsCounsel verified

Business Lawyer
Licensed in California, Colorado
Free Consultation

Yes, if the seller is in breach of the contract by delaying either because there was a deadline or the delays are unreasonable, you can cancel the contract.

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