About the Buyer’s Estimated Costs
Under Pennsylvania law, before an agreement of sale is signed, the licensees involved in the transaction must provide each party with a written estimate of reasonably foreseeable costs. The Buyer’s Estimated Costs (Form BEC) is used provide a good faith estimate of the buyer’s costs at closing.
Latest Content
-
Standard Forms Update: Commercial Forms
- July 15, 2026
- 3 min. read
PAR Associate Counsel Kacy Clouser, Esq., and Standard Forms Committee Vice Chair and Commercial Forms Task Force Chair Dominic Janidas, CCIM, highlighted the upcoming changes to the commercial forms library on yesterday’s webinar.
-
Commercial Forms: Feedback Requested
- May 1, 2026
- 4 min. read
PAR’s Commercial Forms Task Force is gathering feedback on revisions made to four commercial standard forms.
-
A New Form: Form BRB
- February 27, 2026
- 4 min. read
“What form should a buyer use to request their deposit be returned by the broker?” To address this recurring issue, we have created a new form, the Buyer’s Request to Broker for Deposit.
