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Promulgated Contract FormsAmendments_and_noticesEASY

Under the TREC contract, a TREC Amendment is effective when:

Correct Answer

C) Both parties have signed the amendment

A TREC Amendment becomes effective when both parties have signed it. Like the original contract, it requires mutual agreement evidenced by both signatures.

Answer Options
A
One party signs and delivers it to the other party
B
The title company acknowledges receipt of the amendment
C
Both parties have signed the amendment
D
TREC reviews and approves the amendment

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Related Topics & Key Terms

Key Terms:

amendments_and_noticesamendmenteffective_dateboth_signatures
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