12 CFR § 1011.2 - Revocation regardless of registration.

---
identifier: "/us/cfr/t12/s1011.2"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "12 CFR § 1011.2 - Revocation regardless of registration."
title_number: 12
title_name: "Banks and Banking"
section_number: "1011.2"
section_name: "Revocation regardless of registration."
chapter_name: "CONSUMER FINANCIAL PROTECTION BUREAU"
part_number: "1011"
part_name: "PURCHASERS' REVOCATION RIGHTS, SALES PRACTICES AND STANDARDS (REGULATION K)"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "12 U.S.C. 5512, 5581; 15 U.S.C. 1718."
regulatory_source: "76 FR 79522, Dec. 21, 2011, unless otherwise noted."
cfr_part: "1011"
---


# 1011.2 Revocation regardless of registration.

All purchasers have the option to revoke a contract or lease with regard to a lot not exempt under §§ 1010.5 through 1010.11 and 1010.14 until midnight of the seventh day after the day that the purchaser signs a contract or lease. If a purchaser is entitled to a longer revocation period under state law, that period is deemed the Federal revocation period rather than the 7 days, and all contracts and agreements (including promissory notes) shall so state.