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stervc

10/14/17 8:46 AM

#18309 RE: Polenj20 #18305

Polenj20, respectfully, regarding such time frame...

Respectfully, the answer to your question is... No.

After signing a Letter of Intent (LOI), APHD and/or ARALOC have whatever was the agreed amount of days to act. I've seen LOI's with 30, 60, 90, or even 120 days from some previous LOI Agreements. Still, if such time frame has elapsed, I have seen where both parties can agree upon an extension for extra days if more time is needed for further Due Diligence that is required to consummate.

v/r
Sterling