This new form was created to comply with the new laws in effect for interpreter services.

Changes were made to this contract removing all references to sub-agency and an added line stating:
“I/we acknowledge that you have explained cooperative compensation to me/us and that I/we understand that buyer brokers owe undivided fiduciary duties to the buyers, not to me/us. All Sellers initial: ______.”

Changes were made to this contract removing all references to sub-agency and an added line stating:
“I/we acknowledge that you have explained cooperative compensation to me/us and that I/we understand that buyer brokers owe undivided fiduciary duties to the buyers, not to me/us. All Owners initial: _____.”

Changes were made to this contract removing all references to sub-agency and an added line stating:
“I/we acknowledge that you have explained cooperative compensation to me/us and that I/we understand that buyer/tenant agents owe undivided fiduciary duties to the buyers/tenants, not to me/us. All Owners initial: _____.”

Changes were made to this contract removing all references to sub-agency and an added line stating:
“I/we acknowledge that you have explained cooperative compensation to me/us and that I/we understand that buyer brokers owe undivided fiduciary duties to the buyers, not to me/us. All Sellers initial: _____.”

Changes were made to this document to clarify when the time period starts for review of condo documents.

Additionally, a line was added for the buyer’s attorney signature since the law states that the time to review starts when received by the buyer or buyer’s attorney.

The “Contract Dated” line was removed since this rider is submitted with an offer before it is signed by the seller.

Additionally, an option for waiving a concrete foundation inspection with the following language:
__ j. Concrete Foundation Inspection (aka crumbling foundation)
NOTE: Failure to obtain a foundation inspection valid for Connecticut Foundation Solutions Indemnity Company, Inc. (“CFSIC”) claim purposes prior to closing on the purchase of a property may prevent you from being eligible for coverage under that program.