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Re: Timeframe for renter to back out of rental using First American?

Hi Paul, If you're referring to First American's Escrow Agreement, then no, I wouldn't assume that. It's important to make sure that some type of cancellation discussion takes place during the rental negotiation. An owner would want to let the renter know what their cancellation terms are and the renter has to agree to those terms, preferably in writing. When no discussion takes place, then it's best to not make any assumption. We would encourage working with the other party to find an agreeable equitible solution if there is ever an issue that isn't spelled out in writing. Thanks!