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February 2024 Newsletter: Assisting All Agents

Writer's picture: melissa-gilbertmelissa-gilbert




What sets us apart is attention to detail. Not only do we pay attention to the details of your contract, but we aggregate and analyze the data from hundreds of contracts. The resulting information gives us insight into market trends, which we delight in passing along to you.

 



2024 GAR Form Change Highlights


New Forms

F280 Notice to Seller of Assignment of Purchase and Sale Agreement – NEW FORM

F923 Property Damage Liability Exhibit – NEW FORM

CF32 Maintenance and Repair Exhibit – NEW FORM

CF33 Improvements and Alterations Exhibit – NEW FORM


New Special Stipulations

SPECIAL STIPULATION SS112 Warning to Buyers Regarding Identity Theft; Indemnification;

Covenant Not to Sue

NEW SPECIAL STIPULATION SS336 General Liability Insurance Coverage

NEW SPECIAL STIPULATION SS416 Security Deposit from Seller for Temporary Occupancy of

Property After Closing

NEW SPECIAL STIPULATION SS619 Buyer Requests Seller Pay Buyer’s Broker’s Commission

(VA Loan)

NEW SPECIAL STIPULATION SS620 Buyer Requests Seller Pay Buyer’s Broker’s Commission



SS 619 BUYER REQUESTS SELLER PAY BUYER’S BROKER’S COMMISSION (VA LOAN)

Since under the VA Loan program Buyer cannot pay Buyer's Broker a commission, Buyer hereby requests and Seller hereby agrees to pay Buyer’s Broker _________________________________ as the total real estate commission due to Buyer's Broker at Closing. Nothing herein shall be interpreted as a request to alter, modify or change the commission to be received by Seller’s

Broker, if any, that Seller may have agreed to pay Seller’s Broker in any separate written agreement.


SS 620 BUYER REQUESTS SELLER PAY BUYER’S BROKER’S COMMISSION

Buyer hereby requests and Seller hereby agrees to pay Buyer’s Broker _________________________________ as the total real estate commission due to Buyer's Broker at Closing. Nothing herein shall be interpreted as a request to alter, modify or change the

commission to be received by Seller’s Broker, if any, that Seller may have agreed to pay Seller’s Broker in any separate written agreement.




Monday, May 27, 2024

Memorial Day


Wednesday, June 29, 2024

Juneteenth









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