Aug. 1, 2024 Forms Update: View the 2024 Forms Update Comprehensive Guidelines document, which explains changes to several forms that were made as a result of the NAR settlement agreement.
About the Buyer Agency Contract
The Buyer Agency Contract (Form BAC) is the exclusive agency contract for buyers' and tenants' agents. By signing this contract, the buyer or tenant agrees to be represented by the broker and no other. Neither side has an automatic right to terminate and walk away unless both sides negotiate that term into the contract.
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Releasing On August 1st, 2024
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