Delivery Redefined

Here is what I believe the the new definition of Delivery will look like when the revised Virginia Jurisdictional Addendum comes out in July.

1. DELIVERY. Delivery (“Delivery”, “delivery”, or “delivered”) methods may include hand-carried, sent by professional courier service (includes overnight, 2nd day, express, etc.), by United States mail, or by facsimile or email transmission which produces a tangible record of the transmission. Delivery is deemed to have occurred: on the day delivered by hand; on the day delivered by a professional courier service; on the day delivered by United States mail, return receipt requested, or on the day sent by facsimile or email transmission.

Notice that FAX and E-mail transmissions will constitute same day delivery.

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Delivery is Fixed? New Va. Addendum on the way

The NVAR Standard Forms Committee voted yesterday on a new Virginia Jurisdictional Addendum that makes significant changes to the Delivery paragraph that was causing so much confusion and controversy among agents. The NVAR Board of Directors will vote to approve the new form at their June meeting and it will take effect July 1, 2007.

Keep an eye on this spot for more details as they become available.

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