The year 2020 is now upon us—and word of advice, DO NOT abbreviate 2020 when signing any legal documents. Police have warned that anyone signing important documents or checks with an abbreviation of 2020, i.e. "20," could put themselves at a high risk of fraud. Writing out the date in full, as 2020, on legal documents and checks is highly recommended.
Why not abbreviate 2020?
By writing out the date as 01/01/20 (January 1, 2020), the date can be fraudulently changed to 2019, 2021, or any other date in this century.
Instead, make sure when you're dating documents in 2020 that you write the year out in full, to protect yourself against fraud.
This problem is specifically unique to year 2020, as abbreviating 2019 as "19" could only be changed to a date in the 1900s and abbreviating 2018 as...
*Below, you will find the latest 'redline' copy of the December 2019 draft forms. These forms will be released the week of December 16, 2019.
Unless you deal with rentals, there really aren't many changes this release. The Listing Agreement changes are some verbiage regarding photographs and 3rd party's hired or used to capture those photographs/images.
Seller instructions to exclude from MLS has a few changes as well. A paragraph explaining Days on market, and some new seller opt out verbiage.
I have been noticing quite often that a buyer or agent is forced to pay extra money for a Home Warranty as the coverage mentioned, chosen and the amount seller to cover in the Purchase Agreement just doesn't cover it.
My personal opinion is that this is the Buyer's Home Warranty and all options should be given them at writing of the contract. The company and coverage should never be seller's choice.