N.C. Gen. Stat. § 25A--39

§ 25A--39. Buyer's right to cancel (2006)

(a) Except as provided in subsection (e) of this section, in addition to any
right otherwise to revoke an offer, the buyer

has the right to cancel a home--solicitation sale until midnight of the
third business day after the day on which the buyer

signs an agreement or offer to purchase which complies with
*G.S. 25A--40*, or which complies with the requirements of

the Federal Trade Commission Trade Regulation Rule Concerning a Cooling--Off
Period for Door--to--Door Sales.

(b) Cancellation occurs when the buyer gives written notice of cancellation
to the seller at the address stated in the

agreement or offer to purchase.

(c) Notice of cancellation, if given by mail, is given when it is deposited
in the United States mail properly addressed

and postage prepaid.

(d) Unless the seller complies with
*G.S. 25A--40(b)*, notice of cancellation given by the buyer need not take a

form and is sufficient if it indicates by any form of written expression the
intention of the buyer not to be bound by the

home--solicitation sale.

(e) The buyer may not cancel a home--solicitation sale if the buyer requests
the seller in a separate writing to provide

goods or services without delay because of an urgency or an emergency, and

(1) The seller in good faith makes a substantial beginning of performance of
the contract before the buyer gives

notification of cancellation,

(2) In the case of goods, the goods cannot be returned to the seller in
substantially as good condition as when

received by the buyer, and

(3) Unless the buyer returns the goods, if any, to the seller at his

(f) A buyer, who has not received delivery of the goods and services from
the seller in a home--solicitation sale within

30 days following the execution of the contract (and such delay is the fault
of the seller), shall have the right at any time

thereafter before acceptance of the goods and services to rescind the
contract and to receive a refund of all payments made

and to a return of all goods traded in to the seller on account of or in
contemplation of such contract, or if the goods traded

in cannot or are not returned to the buyer within 10 days after
cancellation, the buyer may elect to recover an amount

equal to the trade--in allowance stated in the contract. By written
agreement, the buyer may agree to a later time for the

delivery of goods and services.