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When are you considered "in contract"?
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randella
Love my little man

Member since 8/05 16290 total posts
Name: Randi
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When are you considered "in contract"?
After both parties sign, or after the fully executed contract is in the possession of both attorney's?
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Posted 5/27/10 8:13 AM |
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Prudential Douglas Elliman Real Estate
Long Island's Largest Bridal Resource | Long Island Weddings |
2BEANS
wow time is going fast.

Member since 9/07 16106 total posts
Name: Tina
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Re: When are you considered "in contract"?
when both have signed he contract your in Full contract.
when one has only signed its half. Good Luck
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Posted 5/27/10 8:16 AM |
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randella
Love my little man

Member since 8/05 16290 total posts
Name: Randi
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Re: When are you considered "in contract"?
just heard back from my lawyer-- it's only when you have the fully executed contract in your possession, which is what I thought. Someone can sign something and never send it, so you have nothing to prove all parties are in agreement.
Now I probably gotta stall doing anything with the contract on the sale of my place until we get the house contracts back.
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Posted 5/27/10 8:30 AM |
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2BEANS
wow time is going fast.

Member since 9/07 16106 total posts
Name: Tina
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Re: When are you considered "in contract"?
Posted by randella
just heard back from my lawyer-- it's only when you have the fully executed contract in your possession, which is what I thought. Someone can sign something and never send it, so you have nothing to prove all parties are in agreement.
Now I probably gotta stall doing anything with the contract on the sale of my place until we get the house contracts back.
ah good to know thanks.
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Posted 5/27/10 8:38 AM |
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Goldi0218
My miracles!

Member since 12/05 23902 total posts
Name: Leslie
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Re: When are you considered "in contract"?
We were not in contract until both parties were signed. The contract itself had been en route via mail service.
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Posted 5/27/10 10:51 AM |
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