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You may cancel this contract, without any penalty or obligation, at any time prior to midnight of the third business day after the date the contract is signed. If you cancel, any payment made by you under this contract will be returned within ten days following receipt by the seller of your cancellation notice.

Overall, this is considered a landlord-friendly state since the Virginia landlord-tenant law doesn't impose any rent control policies for landlords. On the other hand, landlords don't have many limitations at the time of choosing tenants, which makes the process more flexible for them.

If the landlord does not sign and deliver a written rental agreement signed and delivered to him by the tenant, acceptance of rent without reservation by the landlord gives the rental agreement the same effect as if it had been signed and delivered by the landlord.

(1) Except as provided in subsection (5), 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 § 59.1-21.4.

Under normal circumstances, if your purchase wasn't made in a retail establishment, you can use buyer's remorse, otherwise known as a right of rescission, to get out of the contract.

§ 55.1-700. Definitions "Notification" means a statement acknowledging that the purchaser has been advised of any disclosures required by this chapter on the Real Estate Board's website or delivery of any such disclosures to the purchaser.