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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] my thoughts on street address Posted by Travis-CA on June 26, 2003 at 11:22 PM In Reply to: You need a street address as your posted by Ward-CA- on June 26, 2003 at 10:18 PM : : Ward thanks for the answer regarding the biz address on the EPA. : : What about the address on the notice of cancel? : : do you see a pronlem with a POB in the notice of cancelation. : : Sorry for picking this apart!! I am meeting a seller tomorrow and really really don't want to give this guy my home address. : : : : Zachary : -=-=-=-=-=-=-=-=-=-=-=-=- : Zachary, : I’m glad you’re picking this apart. It’s caused me to go over CC 1695 more slowly and thoroughly. And I now see a problem using a POB in the Notice of Cancellation. In fact, I’d think you’d be a lot safer using a business address for all addresses used, even those in the Equity Purchase Contract. : Why, because of the following references: : At 1695.3 (a) it states that you need to use a “business address”. : At 1695.4 (b) it just states “address”. : But when reading the verbiage of the Notice of Cancellation it requires that the address be the “Street address of the purchaser’s place of business”. : So I think you need to have an active “business address”, not a post office box or postal drop, as the address used for this activity. : Don’t agree with me until you’ve done a thorough read of CC 1695 for yourself. I have also picked apart 1695 today and agree that you need to use an actual street address not a POB, I believe the reason for this is to make it as easy as possible for the equity seller to deliver a notice of cancelation to you. Even without a specific reference in 1695 to using a "street address" if you were to use a POB, and any litigation arose, it looks like you are hiding behind your POB, what have you to hide if everything is legitimate. Just one strike against you from the get go in my opinion. In this business you want everything to look as clean cut as possible to avoid any trouble down the road. Travis Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : : : Ward thanks for the answer regarding the biz address on the EPA. : : : What about the address on the notice of cancel? : : : do you see a pronlem with a POB in the notice of cancelation. : : : Sorry for picking this apart!! I am meeting a seller tomorrow and really really don't want to give this guy my home address. : : : : : : Zachary : : -=-=-=-=-=-=-=-=-=-=-=-=- : : Zachary, : : I’m glad you’re picking this apart. It’s caused me to go over CC 1695 more slowly and thoroughly. And I now see a problem using a POB in the Notice of Cancellation. In fact, I’d think you’d be a lot safer using a business address for all addresses used, even those in the Equity Purchase Contract. : : Why, because of the following references: : : At 1695.3 (a) it states that you need to use a “business address”. : : At 1695.4 (b) it just states “address”. : : But when reading the verbiage of the Notice of Cancellation it requires that the address be the “Street address of the purchaser’s place of business”. : : So I think you need to have an active “business address”, not a post office box or postal drop, as the address used for this activity. : : Don’t agree with me until you’ve done a thorough read of CC 1695 for yourself. : I have also picked apart 1695 today and agree that you need to use an actual street address not a POB, I believe the reason for this is to make it as easy as possible for the equity seller to deliver a notice of cancelation to you. Even without a specific reference in 1695 to using a "street address" if you were to use a POB, and any litigation arose, it looks like you are hiding behind your POB, what have you to hide if everything is legitimate. Just one strike against you from the get go in my opinion. In this business you want everything to look as clean cut as possible to avoid any trouble down the road. : Travis Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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