On the Additional Clause Addendum there is a clause that provides for “signature of absent buyer spouse or co-buyer.” The buyer has 5 days or ________________days from acceptance of the contract to obtain the signature of the absent spouse or deliver a disclaimer deed to escrow that would eliminate the need for the signature. If the buyer does not obtain the absent husband’s signature the seller can issue a cure period notice. If the wife does not obtain the husband’s signature the wife may be held liable for breach of contract.
A wife submitted an offer on a home but has no power of attorney for her husband who is out of town. What form does she use?
by David Dynes | Sep 8, 2020