The Notification to Buyer of Potential Short Sale (Form NSS) is to be used as a notification to the Buyer that a particular transaction may result in a short sale. Form NSS can be provided to the Buyer by the Seller, Listing Broker, or even the Buyer’s Broker, when it is apparent that a transaction may be a potential short sale.
Latest Content
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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).
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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.
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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.
