Post-Settlement Possession Addendum to Agreement of Sale
Form POS
The Post-Settlement Possession Addendum to Agreement of Sale (Form POS) allows the Seller to occupy the Property after settlement. Not recommended for a term longer than 30 days; use the residential lease (Form RL) if the term will be longer than 30 days.
Latest Content
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The Importance of Reading Your Forms
- November 14, 2025
- 5 min. read
The specific words of a contract create a binding legal relationship between the parties, so it’s important to know exactly what those words are to best represent your clients and your brokerage.
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Appraisal Contingency Addendum Changes
- August 29, 2025
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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
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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.
