Negotiating the Change in Terms Addendum to Agreement of Sale
In a balanced market, and frequently in this seller’s market, properties are sold twice. There is the original offer and acceptance and then there is the renegotiation that follow the inspection reports.
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Agreement of Sale to be Updated July 1
Beginning July 1, all of the agreements should have the following elements to them, where applicable: fixtures and personal property, inspection limitations and reports and the Internet of Things and recordings.
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Real Estate Best Practices Still Incorporate COVID-19 Forms
Recently revised to conform to guidance for real estate, use of the COVID-19 Property Access Notice (Form COVID-PAN) and the COVID-19 Health and Safety Acknowledgment (Form COVID-HSA) still have a place in your routine, even as restrictions loosen.
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A Conversation About the COVID Addendum and Liability
Hear an update from PAR President Bill Festa and watch his conversation with PAR Standard Forms Manager Desiree Brougher and PAR Legal Counsel Jim Goldsmith.
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Using an Online Platform for Sellers Disclosures
With both Glide and Sellers Shield, you have access to an online platform which walks your clients, step by step through the Seller’s Property Disclosure form.
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COVID-19 Opens Door to New Scams
Be aware of the various ways that scammers are using COVID-19 to exploit individuals.
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COVID-19 Addendum Available for Use
The COVID-19 Addendum to the Agreement of Sale can be used to modify the terms of the sales agreement in the event third-party services become unavailable or so limited that meeting deadlines in the sales agreement are impossible or impractical.
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Newer, Smarter Forms Debuting Jan. 1
Several forms will be updated as of Jan. 1 to address issues related to smart home technology. Here’s what you need to know.
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Drafting Legal Documents
Anticipate the unanticipated and prepare an agreement that offers guidance.
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Do I Really Need to Disclose That?
Remember that more disclosure is usually better than less disclosure, and that disclosing items during a transaction is likely to be less risky (and far less expensive) than explaining the lack of disclosure in a deposition after the transaction.
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