To indicate that they understand and consent to the terms that appear on each page of the sales contract, what are the seller and buyer required to do?
A.
Check the “We understand and consent to the terms presented on this page” statement.
B.
Initial and date the bottom of each page of the contract.
In Maryland practice, standard residential contracts (e.g., the Maryland REALTORS® Residential Contract of Sale) require parties to initial and date each page. This page-by-page acknowledgment demonstrates that both buyer and seller reviewed and consented to the specific terms on every page, reducing disputes over omitted or altered provisions. Final signatures execute the agreement, but initials and dates on each page evidence assent to the entire document as presented.
[References:, Maryland 60-Hour Principles & Practices Course — Real Estate Contracts Module (contract formation and execution practices)., Maryland REALTORS® Residential Contract of Sale — page-initialing convention to indicate assent., , ]
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