Contracts
A Maryland buyer's offer includes a closing date of June 30. Settlement is delayed to July 15 by mutual agreement. To extend the settlement date, the parties should:
ASimply proceed without changing any documents
BExecute a written addendum or amendment extending the settlement date✓ Correct
CGet MREC approval for the extension
DVoid the original contract and sign a new one
Explanation
Any modification to a Maryland real estate contract, including the settlement date, should be made in a written addendum signed by all parties.
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