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

This question is about Rhode Island Real Estate Purchase Agreement

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

The effective date of a real estate contract in Rhode Island is the date that both the buyer and seller have agreed to all terms of the contract and have executed the contract. At this time, all of the contractual obligations will be bound and enforceable on the effective date.

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