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Tip of the Week: The Closing Deadline in the OREF Sale Agreements

The Closing Deadline in the OREF Sale Agreements is the final date by which closing must take place. Parties can opt to close earlier by notifying escrow. However, if an extension is necessary for any reason, such as accounting for a holiday, the parties must mutually agree in writing.

All comments and responses from OREF or its staff, managers, and volunteers are non-legal opinions made for general purposes. Each Forms subscriber must rely solely upon their Principal broker or personal legal counsel for specific advice and instruction. You and your client should independently confirm that the Form(s) you use are legally suitable for the purposes intended and that they are current with respect to all laws and regulations.