Pennsylvania Contract Law
Pennsylvanians make contracts for reasons ranging from the sale of goods and services to the purchase of real estate. While much of Pennsylvania contract law is similar to that found in other states, specific statutes have an effect on the rights of parties to a contract.
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Statute of Limitations
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In Pennsylvania you have four years to sue on a contract. The statute of limitations sets a time limit on when you can bring legal action for a breach of contract. In Pennsylvania, the limit if four years. But parties to a contract can agree, they can shorten the period to one year. They cannot extend it.
Statute of Frauds
Consumer Protection
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For certain types of contracts, Pennsylvania consumers have the right to rescind the contract within a few days of signing it. If you enter into a contract for goods or services for more than $25 you have three days to cancel the agreement. The same rule applies for memberships in health clubs. If you sign a time share or campground membership contract, you have five days to cancel.
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References
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