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THIS SITE WORK CONTRACT Contract, Effective as of the Date of the Last Party Form

THIS SITE WORK CONTRACT Contract, Effective as of the Date of the Last Party Form

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welcome everyone i'm candace carr with spectrum title services thanks for taking a couple minutes to watch this quick video on the contract effective date very important topic may seem very simple and obvious but you can make mistakes so let's quickly go over what the effective date is and how to determine it and some things to watch out for so if you're using the latest far bar contract form which is the one we use in almost all of our educational videos line 48 defines what the effective date is and it's line 48 section 3b of the on the first page the effective date of this contract shall be the date when the last one of the buyer and seller has signed or initialed and delivered this offer or final counter offer so that is the definition of effective date and you've noticed that i've highlighted read bolded and because it's not just the time and the date that the last person signed or initialed it it's the delivery that

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