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In this tutorial, Dana Sparks, managing broker at Maximum One Grader Atlanta, discusses extending a closing date in real estate contracts. When a buyer or seller needs to move beyond the agreed closing date, an amendment is necessary. Under the GAR contract, there are two options to extend the closing date: using 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, but it can only be used under specific conditions, such as the seller being unable to resolve valid title objections (excluding liens, judgments, and deeds to secure debt).
