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Thanks for your replies. The reason I would like to know the date is because the vendor wanted exchange to occur this financial year. I am expecting to receive the contract today and can send it back out tonight/tomorrow but they wouldn't get it until Monday. I was hoping that if I signed it...

Hello, I will be receiving a contract in the mail and was wondering when exchange is deemed to have taken place - the date the contract is signed and sent back (same day) or the day it is received by the vendor's solicitor? I presume the vendor will sign it first? Thanks