Nine business days to rescind after developer delivers documents to purchaser. All of the following documents are included except which?

• A. Copy of the builders license.
• B. Copy of the sales contract.
• C. Disclosure statement.
• D. Builder's license certificate.

Answer: (A)

When a buyer has a nine-business-day right to rescind after the developer delivers documents, the package should include items that inform the buyer about the contract terms, the property details, and the builder’s licensure. A copy of the sales contract is included so you can review the exact terms and conditions you’d be stepping away from if you rescind. The disclosure statement is included because it provides important facts and potential risks about the property or development, which you need to know before deciding. The builder’s license certificate is included to prove the builder is properly licensed, giving you assurance about the builder’s credentials. A full copy of the builder’s license itself is not required to be included in this rescission package. Therefore, the document that’s not required to be included is a copy of the builder’s license.