Loss of brake pedal: This condition is usually a result of brake fluid leakage due to failure of a brake hose or a rusted metal brake line, a worn wheel cylinder or brake caliper, or a worn master cylinder. A simple once over of the system will reveal what's going on.
If you have questions about a specific purchase, it would be best to speak to an attorney who could inform you of your legal options. While there are laws that allow for a 3-day right to cancel certain purchases, these laws are very specific and do not apply in a majority of consumer purchases.
Canceling a Contract to Buy a Property. 1  1. Immediately notify your agent or broker that you plan to withdraw from the contract. Whether or not you will be able to cancel your contract without substantial penalty to yourself will often be contingent upon how quickly you act. 2  2. Review the contract.