When Can a Minor Disaffirm a Contract?
In Order to Disaffirm a Contract Made Before They Reached the Legal Age of Majority, the Minor Must State—Either in Writing or Orally—Their Intention Not to...
In order to disaffirm a contract made before they reached the legal age of majority, the minor must state—either in writing or orally—their intention not to honor the contract.
Can a minor Disaffirm a contract?
Generally speaking, a minor may disaffirm a contract at any time during minority or for a reasonable time after the minor comes of age. When a minor disaffirms a contract, all property that he or she has transferred as consideration can be recovered -- even if it was subsequently transferred to a third party.
When can a minor void a contract?
The law requires that in order for minors to void contracts entered into when they were minors, they must cancel within a reasonable time after turning 18. One full year beyond the 18th birthday is an unreasonable time.