Standard Form Updates

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Recent Forms Revisions

Below is a list of recent forms changes. To review the relined version, click on the form then look for the updated date under the green download button.

Call LettersForm NameRelease Date
ACAAppraisal Contingency Addendum to Agreement of Sale07/2021
COVID-PANCOVID-19 Property Access Notice07/2021
CPMACommercial Property Management Agreement07/2021
SPDSeller's Property Disclosure Statement07/2021
ASCAgreement for the Sale of Commercial Real Estate07/2020
ASMHStandard Agreement for the Sale of a Manufactured Home on Leased Land07/2020
ASNCStandard Agreement for the Sale of New Construction07/2020
ASRStandard Agreement for the Sale of Real Estate07/2020
ASVLStandard Agreement for the Sale of Vacant Land07/2020
TLCTransaction Licensee Contract07/2020
OGMOil, Gas and/or Mineral Rights Addendum to Agreement of Sale07/2020
OGMDOil, Gas and/or Mineral Rights/Interests Disclosure07/2020
ASCAgreement for the Sale of Commercial Real Estate01/2020
ASMH Standard Agreement for the Sale of a Manufactured Home on Leased Land01/2020
ASRStandard Agreement for the Sale of Real Estate01/2020
BACBuyer (Tenant) Agency Contract01/2020
BFABroker’s Fee Agreement01/2020
MNManufactured Home Community Rights Act Notice01/2020
NBANon-Exclusive Buyer (Tenant) Agency01/2020
PMAResidential Property Management Agreement (Landlord Agency Contract)01/2020
XLRListing for Rent Contract (Landlord Agency Contract)01/2020
XLSListing Contract (Seller Agency Contract)01/2020
XLSCExclusive Right to Sell and/or Lease Commercial Property01/2020

Recent Forms Articles

PAR Releases New Commercial Property Management Form

A new PAR Commercial Property Management Agreement (Form CPMA) became available to members on July 1. 

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Your Appraisal Woes… Solved?

PAR already has an Appraisal Contingency Addendum to the Agreement of Sale (Form ACA), which allows a buyer to terminate the agreement if the appraisal doesn’t hit a specified value. But member feedback indicates that parties are often trying to write in stronger language to keep buyers in the deal. This new revision addresses that issue by expanding the form with a second buyer option.

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Best of the Legal Hotline: Frequently Asked Questions on Four Standard Forms

PAR’s Legal Hotline attorneys held a webinar yesterday discussing frequently asked questions on standard forms, specifically, Seller’s Property Disclosure, Appraisal Contingency Addendum, Price Escalation Addendum and COVID-19 Property Access Notice.

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New and Improved Seller’s Property Disclosure Statement

Although it may seem at first glance that there are many changes to the form, most of the new language you’ll see is a clarification of current questions and not the addition of new ones.

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New and Revised Forms to be Released on July 1

New and revised forms include the Seller’s Property Disclosure, the Appraisal Contingency Addendum, the COVID-19 Property Access Notice and the Commercial Property Management Agreement:.

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It’s All About the Inspections

The PAR Legal Hotline is seeing terminations and deposit disputes shoot up, as well as a spike in seller disclosure problems and about a 40% increase in buyer-seller mediation request.

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