The three-day right to rescind, often referred to as the "cooling-off period," typically does not apply to the purchase of a used boat in a private sale. This right is generally limited to specific transactions such as door-to-door sales or certain types of finance agreements. In private sales, once a buyer and seller agree on the terms and the sale is completed, the buyer usually cannot cancel the purchase simply because they have changed their mind. It's essential to review any applicable local laws or regulations for specific circumstances.
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