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In the video, Dana Sparks, managing broker at Maximum One Grader Atlanta, discusses extending a closing date in real estate contracts. If either the buyer or seller needs to extend an agreed closing date, an amendment must be completed. Under the GAR contract form, there are two options to extend the closing date: an amendment or a unilateral notice to extend (GAR form 133). The unilateral notice allows either party to extend the date with a single signature. However, it can only be used under specific conditions, notably that the seller must resolve any valid title objections, excluding liens, judgments, and deeds to secure debt.
