Why is a copy of a signed contract of sale, transfer or assignment required by the Division as part of the C-9600 form notice?
The signed contract establishes the legal rights and obligations of the parties. It provides the final agreement and commitment of the parties to the transaction reduced to writing. It also not only gives the terms and conditions of the agreement, but also provides, as part of the necessary statutory notice to the Division, the authorization and obligation to release escrow information to the purchaser. Any other writing purporting to provide price, terms and conditions which is not the signed agreement, is not legally binding and can be changed at will by either or both parties.
