MHD Form 1056 Right of Rescission Waiver - Texas

What Is MHD Form 1056?

This is a legal form that was released by the Texas Department of Housing and Community Affairs - Manufactured Housing Division - a government authority operating within Texas. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is MHD Form 1056?
A: MHD Form 1056 is a Right of Rescission Waiver form.

Q: What is the Right of Rescission?
A: The Right of Rescission is a consumer protection that allows a borrower to cancel certain types of loans within a specified period of time, typically three business days.

Q: What does the MHD Form 1056 Right of Rescission Waiver do?
A: The MHD Form 1056 Right of Rescission Waiver is a document that waives the Right of Rescission for certain transactions under specific circumstances in the state of Texas.

Q: Who uses the MHD Form 1056 Right of Rescission Waiver?
A: The MHD Form 1056 Right of Rescission Waiver is used by lenders and borrowers involved in certain types of transactions in the state of Texas.

Q: When is the MHD Form 1056 Right of Rescission Waiver used?
A: The MHD Form 1056 Right of Rescission Waiver is used when the borrower and lender mutually agree to waive the Right of Rescission for transactions that qualify under the specific circumstances outlined in the form.