What Is the Effective Date of a Real Estate Contract in Michigan?

This question is about Michigan Real Estate Purchase Agreement

What Is the Effective Date of a Real Estate Contract in Michigan? on iPropertyManagement.com

In Michigan, the effective date of a real estate contract is the date the buyer and seller agree to the terms of the contract and have it executed. All contract obligations are binding and enforceable on the effective date.

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The information for this answer was found on our Michigan Real Estate Purchase Agreement answers.