Ohio § 1334.05
Full text of Ohio Ohio Revised Code § 1334.05, with citation guidance and answers to common questions.
§ 1334.05.
(A) In addition to any other right or remedy available to a purchaser under sections 1334.01 to 1334.15 of the Revised Code , a purchaser has the right to cancel an agreement selling or leasing to the purchaser
a business opportunity plan, in accordance with the following conditions: (1) If the seller complies with divisions (A)(7) , (B) , and (C) of section 1334.06 of the Revised Code , the purchaser may cancel the agreement at any time before midnight of the fifth
business day after the day on which the purchaser signs the agreement. (2) If the seller has failed to comply with division (A)(7) , (B) , or (C) of section 1334.06 of the Revised Code , the purchaser may cancel the agreement any time within twelve months after the day
on which the purchaser signs the agreement. (B) Cancellation under this section is evidenced by the purchaser giving written notice
of cancellation to the seller at the address stated in the agreement. The purchaser may deliver the notice by regular mail, electronic mail, facsimile
transmission, telegram, manual delivery, or other personal delivery. Notice of cancellation given by a purchaser need not take a particular form and
is sufficient if it indicates in writing the intent of the purchaser not to be bound. Notice of cancellation sent by regular mail is effective upon the date of postmark. Notice sent by electronic mail or facsimile is effective when successfully transmitted. Telegram delivery is effective when the telegram is ordered. Manual delivery or other personal delivery is effective when delivered to the seller
or to the seller's address, whichever is first.
Frequently Asked Questions About Ohio § 1334.05
What does Ohio Revised Code § 1334.05 cover?
Section 1334.05 is part of the Ohio Revised Code, the codified statutory law of Ohio. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Ohio § 1334.05?
A common citation format is "Ohio Revised Code § 1334.05" (Ohio). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Ohio law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Ohio official source linked on this page or consult a licensed Ohio attorney.
How does Ohio § 1334.05 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Ohio can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Ohio.