Standard Forms Archives | Pennsylvania Association of Realtors

Best of the Hotline: Price Escalation Addendum

September 4, 2020 | Hank Lerner, Esq. | Legal Issues | Standard Forms

The Price Escalation Addendum (Form PEA) is one of the most misunderstood in the PAR forms library. You should review PAR’s guidelines for the form before using it, but let’s review a couple of the most common questions/complaints/misconceptions that we hear on the PAR Legal Hotline.

Negotiating the Change in Terms Addendum to Agreement of Sale

July 17, 2020 | James Goldsmith, Esq. | Legal Issues | Standard Forms

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.

Agreement of Sale to be Updated July 1

June 19, 2020 | Desiree Brougher, Esq. | Standard Forms

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.

Real Estate Best Practices Still Incorporate COVID-19 Forms

June 11, 2020 | Desiree Brougher, Esq. | Legal Issues | Standard 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.

A Conversation About the COVID Addendum and Liability

April 30, 2020 | Bill Festa | Legal Issues | Standard Forms

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.

Using an Online Platform for Sellers Disclosures

April 28, 2020 | Barth, Michael | Standard Forms | Member Services

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.

COVID-19 Opens Door to New Scams

March 31, 2020 | Clouser, Kacy | Legal Issues | Standard Forms

Be aware of the various ways that scammers are using COVID-19 to exploit individuals.

COVID-19 Addendum Available for Use

March 19, 2020 | Hank Lerner, Esq. | Legal Issues | Standard Forms

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.