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Termination Clause, Expiration Date, and Closing Date However, a buyer can only back out of the purchase contract before the official closing date. In a real estate purchase transaction, the buyer prepares an offer, signs it, and delivers it to the seller. The buyer also states the date that the offer will expire.
Forgery (AR Code §5-37-201): You may be defending yourself against a forgery charge if a prosecutor believes you, with the intent to defraud, complete, alter, or counterfeit a written instrument that claims to be or represent the act of another person who did not consent to the conduct or a identity.
(A) A cooperative purchasing agreement is limited to commodities and services for which the public procurement unit may realize savings or material economic value, or both.
Is there a ?cooling off? period on vehicle purchases in the State of Arkansas? Dealers are not required by law to give car buyers a three-day right to cancel. The right to return the car in a few days for a refund exists only if financing is not approved. However, some dealers may, by contract, offer a right to cancel.
If you are refinancing a mortgage, you have until midnight of the third business day after the transaction to rescind (cancel) the mortgage contract. The right of rescission refers to the right of a consumer to cancel certain types of loans.
The Arkansas Home Solicitation Sales Act provides consumers with three days to cancel a sale made in the home or a location that is not the seller's permanent place of business.
The right of rescission doesn't apply when you're buying a home, and it only applies to a loan against your primary residence. So, for instance, you won't be able to rescind your mortgage if you're buying or refinancing a second home, vacation home, or investment property.
§ 19-11-801. Architects and engineers are selected through the use of requests for qualifications or requests for proposals and may not be selected only on the basis of price. Before signing a contract with an architect or engineer, a campus or unit must comply with the following Board policies.