Your name saw this post on The ActiveRain Real Estate Network and thought it might be of interest to you. Please see the link below to review the post.

Ralph's Weekly Legal What-If Scenarios: Contract Addendums - Who Signs What And Why?
Ralph's Weekly Legal What-If Scenarios: Contract Addendums - Who Signs What And Why?
Each Monday, I'm going to post a "What If" Scenario that presents a legal issue in a real estate hypothetical situation.
Each Sunday, either the correct legal answer (or most likely legal resolution) to the situation will be posted.
These are great opportunities to keep your real estate legal chops honed and tuned as a real estate professional.  And I'm sure there will be some interesting discussions going on related to these hypothetical situations.  Some of you may also have had identical situations in the past that will bring some interesting light to the answers.
Here is this week's scenario:
Jane is the listing agent, and is representing her seller, Adam, in an escrow.  Steve is the buyer's agent, and he is representing his buyer Carol.
Things are going fairly well with the escrow, and the loan approval took a little longer than expected, thus creating the need to close escrow a few days later than what the contract states.  Carol is using her brother-in-law Derek as the loan broker to obtain the loan.
An addendum is drawn up to extend the closing date out 5 more days ... more

__________________________________________________
Are you on The Rain? Grow Your Network!