Changes are coming to some Standard Forms as a result of the NAR amendments made in June and by direction of the PAR Standard Forms Committee. Forms changing include the Agreement of Sale, Cooperating Broker Compensation Agreement, Appraisal Contingency and other related forms.
PAR Chief Legal Officer Hank Lerner, Associate Counsel Kacy Clouser and Standard Forms Committee Chair Vince Range discuss the changes and what Realtors® need to be aware of.
Watch the Recording
Resources
JustListed Articles
- Professional Standards and MLS Policy Changes From NAR Legislative Meetings
- Better Questions = Better Answers
Standard Forms
To download the marked-up draft forms, follow these steps:
- Log in to PARealtors.org.
- Open the individual form page.
- Click “download the marked-up version.”
- Repeat these steps for each form.
| Call Letters | Form Name | Release Date |
|---|---|---|
| ACA | Appraisal Contingency Addendum to Agreement of Sale | Sept. 1, 2025 |
| ASR | Standard Agreement for the Sale of Real Estate | Sept. 1, 2025 |
| ASMH | Standard Agreement of Sale for a Manufactured Home on Leased Land | Sept. 1, 2025 |
| ASNC | Standard Agreement for the Sale of New Construction | Sept. 1, 2025 |
| ASVL | Standard Agreement for the Sale of Vacant Land | Sept. 1, 2025 |
| CBC | Cooperating Broker Compensation Agreement | Sept. 1, 2025 |
| CBCR | Cooperating Broker Compensation Agreement for Rentals | Sept. 1, 2025 |
| XLR | Listing for Rent Contract – Exclusive Right to Rent Real Property | Sept. 1, 2025 |
| XLS | Listing Contract (Seller Agency Contract) – Exclusive Right to Sell Real Estate | Sept. 1, 2025 |
| XLSC | Listing Contract – Exclusive Right to Sell and/or Lease Commercial Property | Sept. 1, 2025 |
