Wednesday, November 21, 2007

Help Answer a "Hypothetical" Question

I have a hypothetical question that I've been asked. I have an answer but others disagree with me. I wondered if any of my subscribers had a take on this.

Here are the facts as we know them:

Seller used a commercial overnight delivery service to deliver the Condominium Association resale package to the Purchaser’s apartment. The delivery company dropped off the package in front of door. The Purchaser agrees that she picked up the package and reviewed it.

In the Contract, the Selling Agent made a notation that the Condo package was to be mailed to the Selling Agent’s office.

Question:

When does the “three-day” cancellation period begin and when does it end?
My Answer will be posted shortly. What do you think.

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2 Comments:

Anonymous Anonymous said...

I think we need to use a little common sense here. The intent is to give the buyer a set number of days to review the docs. She has stated that she in fact received the docs that were left at her door. The review time starts then.
Patricia Keightley
RE/MAX Allegiance

9:31 AM  
Blogger Marcus Simon said...

Thanks Patricia. I happen to agree with you. Not only is this the common sense answer, I think its supported by the statute and the text of the contract.

Anyone have a different take before I post why I think Patricia and I are correct?

10:20 PM  

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