What if the Escrow Officer insists on having the buyer resign the Title 7 Individual Agreement?
Some title companies have a policy of not permitting an escrow officer to acknowledge a document that is not signed in their presence. In such situations, the Buyer can sign the document a second time in front of the escrow officer. Q: Is there an alternative to a Right of Rescission? Some Builders prefer providing the buyer with a several day right to review the documents before signing the Purchase and Sale Agreement. If the buyer is provided with complete documentation to take home and review before signing the contract, the Title 7 Addendum can include language evidencing that right of review. In that situation, it is not necessary to also provide the buyer with a Right of Rescission. The choice between these two methods of buyer review depends on the Builder’s preferences.
