Legal Forms Update

The Legal Awareness Committee created this commission agreement to assist agents when they are representing a client(s) purchasing a home that is “For Sale By Owner” (FSBO)

We updated various legal forms.

We revised the Residential Lease form and added the Wire Fraud Advisory form.

We updated the following forms; Exclusive Right to Sell Listing Contract, Exclusive Agency Listing Contract, Open Listing Contract, and the Exclusive Right to Lease with Option to Buy Listing Contract

The Extension Amendment and the Septic/Well Contingency forms have been revised.

The following forms have been revised; Closing Cost Credit Rider, Sale of Buyers Property Contingency (Under Contract), and the Real Estate Purchase Contract

We revised the Commercial Exclusive Right to Sell/Lease/Exchange form.

We updated the Commission Agreement.

The following forms have been updated; Sales of Buyer’s Property Contingency Removal, Pool/Hot Tub Disclosure.

The following forms have been updated; Blank Addendum to the Real Estate Purchase Contract, Concrete/Foundation Advisories for Buyers and Sellers, Exclusive Agency Listing Contract, Exclusive Right to Lease Listing Contract, Exclusive Right to Lease or Sell with Option to Buy, Open Listing Contract and Request for Confirmation of Offer Submittal.

The following forms have ben updated; Audio-Video Surveillance Disclosure, Exclusive Right to Represent Buyer Contract, Exclusive Right to Represent Tenant Contract, Real Estate Purchase Contract, Rental Application, Short Sale Rider, Foundation Advisory for Buyers, and Foundation Advisory for Sellers.

The Solar Panel Addendum & Disclosure was added to the form library.

We updated the following forms; Foundation Advisory to Buyers, Foundation Advisory to Sellers, and Appraisal Rider

We updated the Property Inclusions/Exclusions form and discontinued the Commercial Open Right to Represent Buyer/Tenant form.

The following forms have been revised; Exclusive Right to Sell, Exclusive Agency, Open Listing Contract, Exclusive Right to Rep. Buyer, Exclusive Agency Right to Rep Buyer, Exclusive Right to Rep. Tenant, Exclusive Right to Lease, Exclusive Right to Lease/Opt to Buy, and the Rental Application.