1) is there an issue to have both sign ?
2) in this day and age of electronic signatures, must you route and order the signatures to only have 1… or would 2 be acceptable?
The COA is to be signed by the person who knows that acceptance has indeed already taken place. That might not be the last person to sign.
- Now, you have one unnecessary signature, the world hasn’t come to an end, but how do you explain it if asked.
- Preferably one.
If you are ever sued and in Court, you will have to have some sort of an explanation. It just looks at first blush that the agent didn’t know what to do.
The COA isn’t necessary to “create” an “agreement”. It is only “evidence of the “time”. So, we still nevertheless have a deal without it even being signed.
Brian Madigan LL.B., Broker