| Form # |
Form Name |
Replaces Revision Date |
Brief description of how the form was revised |
| A-1 |
Real Estate Purchase Contract |
2/26 |
The following changes have been made:
Paragraph 4
Revision:
Paragraph 4 has been revised to include “wire transfer” as an option for buyers to deliver funds.
Paragraph 5(d)
Removal/Addition:
The option to select “CHFA” has been removed under mortgage type.
The following language with a check box has been added to alert sellers that a buyer may have applied to one or more of the listed programs.
“Buyer is utilizing down-payment program, closing-cost credit program, or homebuyer assistance programs as allowed by lender guidelines.”
Paragraph 21 (formerly FinCen)
Removal:
Paragraph 21 has been removed as there is no longer an obligation under the Residential Real Estate Rule of the Financial Crimes Enforcement Network (FinCEN) to report any details related to cash real estate transactions.
The paragraphs have been renumbered.
|
| L-1 |
Condo Rider |
6/15 |
The following changes have been made to address special assessments that are known prior to contract execution date and those that may happen after contract execution date.
Paragraph 5
Addition:
Regularly Budgeted Common Assessments has been added to the beginning of the paragraph.
Paragraph 6
Addition:
Special Assessments has been added to the beginning of the paragraph and the following options have been added:
(a) Any special assessments not part of the regularly budgeted common expense which are assessed prior to the executed purchase contract date and which become due and payable prior to the closing date will be paid up to the date of closing by the Seller in accordance with Section 11 of the Contract. Any special assessments not part of the regularly budgeted common expense assessments that continue after the Closing date shall be the responsibility of the [check one, as applicable]: ☐ Buyer ☐ Seller ☐ Other
_____________________________________________________________ _____________________________________________________________
(b) Any special assessments not part of the regularly budgeted common expense which are assessed after the executed purchase contract date and prior to the closing date, and which become due and payable prior to the closing date will be paid up to the date of closing by the Seller in accordance with Section 11 of the Contract. Any special assessments not part of the regularly budgeted common expense assessments that continue after the Closing date shall be the responsibility of the [check one, as applicable]: ☐ Buyer ☐ Seller ☐ Other
_____________________________________________________________ _____________________________________________________________
(c) Any special assessments not part of the regularly budgeted common expense which are assessed at any time prior to the closing date, and which become due and payable after the closing date shall be the responsibility of the [check one, as applicable]: ☐ Buyer ☐ Seller
☐ Other
_____________________________________________________________ _____________________________________________________________
|
| E-1 |
Notification of Unsatisfactory Inspection |
6/25 |
The second paragraph has been updated to switch the two numbered items so that they are consistent with the numbered options below it. |
| NC-16 |
Escalation Clause |
N/A |
A new form has been created to be used when an escalation clause is needed. |
These changes will be available on DocuSign, dotloop, Glide, Skyslope, Transaction Desk and zipForm on October 1, 2026.
If you have a question or comment about our forms, please email Shelley Devanney. Remember, the CTR legal hotline is the number to call for specific legal issues: 860-566-8333.
