Appraisal Contingency Addendum to Agreement of Sale
Form ACA
Using the Appraisal Contingency Addendum
The Appraisal Contingency Addendum to Agreement of Sale (Form ACA) is to be used when the parties wish to make the agreement contingent upon the property appraising at a certain value. By using either option given in Form ACA, the parties can decide what will happen if the appraisal doesn’t reach a specified value.
Form ACA works with the mortgage contingency in the Agreement of Sale. A sale that is contingent upon the lender providing financing may not reach closing if the lender is not satisfied with the appraised value.
Latest Content
-
Appraisal Contingency Addendum Changes
- August 29, 2025
- 5 min. read
This year brings a newly revised Appraisal Contingency Addendum to the Agreement of Sale (Form ACA).
-
Mortgage Contingency Update Coming Sept. 1
- August 22, 2025
- 7 min. read
A revision to the mortgage contingency of the PAR Agreement of Sale (Form ASR) will be released on Sept. 1, 2025. The main substantive change is simply to add a third choice for the buyer to use when signaling their intent on financing to a seller.
-
Webinar Recap: Standard Forms Update
- August 8, 2025
- 4 min. read
PAR will release 10 updated standard forms on Sept. 1. The marked-up versions of the drafts are now available on our website and can be downloaded from the individual forms pages.
