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Each contract has its own provision for counting days!
I think it depends on who they are and what state. Some include Saturday, but not Sunday or Holidays.
The contract should be self explanatory, and if not talk to your broker. They know best. A
depends on what the contract says!
It does when I am counting and our contracts specify calendar days not business days. If it were business days or banking days whose would you follow. Not all banks in my area are open on the same days.
Hey Desmond, if it says only days it is calendar days here in FL. You can be more specific and put business days next time.
In real estate, every day is considered a work day here in Kentucky.
Calendar days. Many experienced agents knowing about coming holidays ask for longer contingencies.
Customary in my ares is calendar days.
Desmond Neoh It usually means calendar days unless other wise specified.
Your contract should specify this.
Desmond Neoh I usually put an absolute date instead of number of days.
How are "days" defined in your contract?
What does the contract say? Days or business days? Contracts rule.
Usually the days are calendar days unless otherwise noted.
Depends if the contract specifies "days" - which by default is calendar days - or "business days" which would exclude any days Title & Escrow, and the county office for recording a closing are closed for business.
Depends on how you write it. If you want to avoid holidays, write 35 BUSINESS days.
The contract would specify it.
I do not know, but your contract most certainly defines it.
Depends on how your contract is written... in NC it's calendar days, in SC it's business days.
In Texas all days count.
Good morning Desmond. This time of year and anytime a holiday will come into play, I always recommend 45 days.
Good Friday morning Desmond. I don't know
Desmond, this is very good question.
Desmond - If I were to guess, I would say calendar days is used most often. However, you need to verify that information yourself by reading the financing contingency, or checking with whoever wrote the financing contingency.
In my market it means calendar days. Find out what is customary in your area.
Call the finance company and ask them is it 35 calendar days or 35 business days. Once you have your answer memorialize it by sending whoever in the finance company answered your question an e-mail thanking them for telling you what ever they told you.
You need to read the wording in the financing contingency and relevant clauses in the remainder of the agreement.