December 2018 - Proposed Form Revisions & Additions
Below are links to a summary of forms and examples of said forms. CAR has not yet approved these forms for a December release. These are their proposed changes and based on comments received, changes may be made or release may be postponed until a further date.
All suggestions, input and comments should be in writing by October 11th and can be submitted to firstname.lastname@example.org
Click a link below to review these documents.
These are pretty much self explanatory
HOA1 – Homeowner Association Information Request
RLA – Residential Listing Agreement – includes a new replacement property contingency box to be checked under additional terms
RPA – Residential Purchase Agreement and Joint Escrow Instructions – includes a new paragraph on Page 10 (Real Estate Broker Section) regarding the presentation of offer to seller.
RR – Request for Repair – new note regarding credits on form are separate and shall not reduce or supersede any other credits agreed to in writing.
RRRR – Seller Response and Buyer Reply to Request for Repair – same note and addition as the Request for Repairs
SMCO – Seller Multiple Counter Offer – Due to much confusion, a new line was added to clarify when seller should sign section 8 of the Multiple Counter Offer
SP – Single Party Compensation Agreement – too many changes to note here.