Article 04.29: Expected Closing Date

Section 29: Expected Closing Date

When a closing date has changed, the “Expected Closing Date” must be updated to reflect the correct date.  Failure to update within five (5) business days excluding weekends and federally recognized holidays after one (1) day courtesy notice (See Article 11/Section 4A), will result in a fine based on the Progressive Fine Schedule (See Article 11/Section 4D). Expected Closing date is NOT required on listings indicated as “Short Sale” in the Special Sale Provision Field (Updated 3/2013).