Minor but relevant points of clarification...
This particular developer apparently does not choose to address or even acknowledge this indisputable fact, but it is actually
state law (in this case,
Virginia state law) that provides you with the legal right (and a specifically identified time frame) to rescind and cancel a developer-direct sales contract.
It is
not an act of voluntary benevolence by the developer, nor is it a choice willfully made made by any developer to just be "considerate" of buyers. The notification of those cancellation rights provided by underlying state law is there
only because they are
required by law to provide it to you,
in writing, with or within the sales contract documents. Also, fwiw, state law cares
not one bit about those lame references to dates of "Public Offering documents" as relates to sales contract rescission rights; that particular date language and reference is gratuitous and irrelevant. I
hope that completely irrelevant IPO date reference is not included by the weasels just to make the cancellation process and applicable timelime
appear to be more complicated than it really is. State laws use
only the
purchase & sales contract execution date as the "starter's gun" for that particular state's "ticking rescission clock and calendar" (which can range anywhere from as few as three days (e.g., Massachusetts) to as many as fifteen days (e.g., Alaska), depending on the individual state. In most states, it's 5-7 days. In any case, cancelling ASAP (as you are wisely pursuing) is the least stressful on the psyche and the best way to sleep better at night
and protect your wallet.
I suppose that (in theory) a developer could perhaps generously and voluntarily choose to offer (in writing, of course) a rescission time period
longer than the time period clearly identified in its' applicable state law, but I am unaware of any developer in any state actually choosing to do so in their sales contracts.