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Cynthia Lars…, Real Estate Pro in California

Notice Provision, C.A.R. COP Form

Asked by Cynthia Larsen, California Fri Nov 9, 2007

If C.A.R. COP paragraph A.6.b is checked, do I have to have an accepted b/u offer in order to invoke the NOTICE PROVISIONS in A.6.a? We agreed not to invoke the "notice provision" within 30 days of acceptance. A.6.a begins with "If seller accepts another written offer, " which I don't believe is a notice provision. The next part though, "Seller shall give written notice to Buyer to, in writing ..." is what I am reading as the notice provision. Any thoughts on this would be greatly appreciated.

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Hi Cynthia:

Are you representing seller or buyer? Just curious.

If you checked 6 (b), and picked 30 days for 6 (b) (i), then the seller can only accept backup offer (yes, written and accepted). Also, the seller can not invoke 6 (a) until 30 days has passed. On top of that you have the 72 hours clause after buyers can not meet the 6 (a) condition

More details will help me to help you. .

Sylvia
0 votes Thank Flag Link Fri Nov 9, 2007
Sylvia Barry,…, Real Estate Pro in Novato, CA
MVP'08
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