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All Jurisprudence based

0 tracked cards Civil Law and Land Titles and Deeds

A section 3 buyer receives proper notarial notice. Forty days pass, but the seller has paid none of the cash surrender value. All other relevant facts are stipulated. Has the seller completed actual cancellation solely by waiting?

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No, because the law forbids every cancellation forever. Yes, because notice extinguishes every refund duty. No, full payment of the cash surrender value remains required under section 3(b). Yes, because waiting automatically counts as payment.

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