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Forms Update - July 2025

  • jefwassom
  • 7 days ago
  • 2 min read

Updated: 17 hours ago

It's that time of year for another round of forms updates. This cycle includes primarily minor adjustments, with most changes focused on updated verbiage across several forms.


Highlights:

  • Residential Purchase Agreement (RPA)

    A small revision was made to clarify seller payment to the buyer’s broker. The term “Buyer’s broker” has been

    explicitly added. Additionally, the Buyer's Affirmation of having a valid buyer broker agreement has been

    removed.Section 19D now includes instructions to escrow regarding commission payments and any buyer

    payment offsets.


  • Related Form Revisions

    These updates also affect related forms, including purchase agreements for income properties, notice of default

    properties, commercial transactions, and others.


  • ADM - Addendum Updates

    • The preprinted checkbox option related to the TDS has been removed.

    • Language has been added directing users to utilize Form APD for changes to the TDS or SPQ, and Form AEA for modifications to an already executed agreement.


  • New Addendum – ADM-GEN

    This new form was created for documenting any agreed-upon changes between an agent and their client.


  • NOTE ON BRBC – Buyer Representation and Broker Compensation Agreement:

    This form serves to formalize the relationship and compensation agreement between a buyer and their broker. It’s important to note that neither C.A.R. nor N.A.R. requires brokers or agents to disclose the terms of their compensation agreements with clients to other brokers/sellers. It is not appropriate for one broker to interfere in another broker's agreement with their client. The validity or structure of a fellow agent’s contract is not the business of cooperating agents or brokers.

  • Fire Hardening & Defensible Space Addendum

    A new section has been added with questions regarding any completed low-cost fire hardening retrofits.


PRBS – Possible Representation of More Than One Buyer or Seller:

This form has been expanded from one page to two and completely reformatted. A new paragraph (C2) has been added to address single-agent dual agency, providing greater clarity and compliance guidance.


  • New Form – SIPA: Seller in Possession Advisory:

    This advisory informs all parties of the risks and considerations involved when a seller remains in the property after close of escrow. It outlines potential complications—such as the situation evolving into a lease, insurance concerns, and lender objections to extended occupancy. This form helps protect you, the agent, by documenting that these issues were disclosed and discussed in advance.


    Here is a webinar regarding all the forms with insight and thoughts.


  • Quick Summary

  • New Forms

  • Forms A–B

  • Forms C–F

  • Forms H–N

  • Forms P–R

  • Forms S–W


Included here are both a quick-reference summary of all changes and redlined versions of the updated forms for your review.


Should you happen to see any other relevant updates that I missed, Leave a comment.

 
 
 

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