If the broker fails to insert the effective date, may the parties rely on the date that the contract is delivered to the escrow agent as the effective date?

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  • If the broker fails to insert the effective date, may the parties rely on the date that the contract is delivered to the escrow agent as the effective date?

Not necessarily. The date of receipt of the escrow agent is evidence that the effective date of the contract is, most likely, on or before that date, but is not conclusive as to the effective date.

Source: TAR

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