Notice of Termination of Agreement of Sale and Release and Distribution of Deposit Money

PAR’s Commercial Forms Task Force is gathering feedback on revisions made to four commercial standard forms.

“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.

PAR Associate Counsels Kacy Clouser and Paige Perrucci were joined by Standard Forms Committee Chair Sylvia Hess-Albright and Vice Chair Dominic Janidas to cover a behind-the-scenes look at the standards forms process and introduce a new form.