Contracts
If the parties to a Pennsylvania Agreement of Sale want to extend the closing date, they should:
AVerbally agree and notify their agents
BExecute a written addendum signed by all parties✓ Correct
CAsk PREC to issue a contract extension
DHave the title company record the new date
Explanation
Any modification to a Pennsylvania Agreement of Sale — including extending the closing date — must be in writing and signed by all parties to be enforceable under the Statute of Frauds. A written addendum documents the change and protects all parties.
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