Nov 20, 2008

What is the effective date of a contract?

What is the effective date of a real estate contract?

The effective date is the date on which the last party signed or initialed and delivered the final offer or counteroffer.

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If you do not understand ask an expert or specialist prior to buying or selling a home

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1 comment:

Greg Staker said...

The effective date of a real estate contract is important when dealing with contract time frames including time frames involving inspections, short sale approval or financing contingencies.

If you have an issue involving the effective date of your contract to buy real estate you should speak with an attorney.