Tenant-Occupied Property Addendum to Agreement of Sale
Form TOP
Use Tenant-Occupied Property Addendum to Agreement of Sale (Form TOP) when the leases for a tenant-occupied property are unavailable to show the Buyer at the time the Agreement of Sale is prepared. The offer becomes contingent on the Buyer reviewing the written leases and memoranda.
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
- 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.
