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Standard Contractual Forms
Buyer-Broker Exclusive Employment Agreement: A form that establishes an exclusive agreement between a buyer, his/her agent and the broker, that lists the type of property for which the buyer is looking, and that sets the form of compensation, if any, the agent is to receive. This form is similar to an exclusive listing agreement between a seller and a broker/agent. VIEW>>
Arizona Residential Resale Purchase Contract: A form for the sale of residential property that also includes the means of financing. VIEW>>
Real Estate Agency Disclosure and Election: A form that describes the different kinds of real estate agency relationships (e.g., buyer, seller, limited dual) that a person(s) may have with an agent. The form provides for the person to select the type of relationship he/she wants to have with his/her agent. Conversely, this form is not an employment agreement (e.g., see Buyer-Broker Exclusive Employment Agreement above). VIEW>>
Loan Status Report / LSR: The LSR informs a seller of the status of a buyer’s loan application with the lender. VIEW>>
Counter Offer: This form is a counter offer to the original purchase offer. In some transactions, there may be more than one counter offer. VIEW >>
Multiple Counter Offers: Similar to a Counter Offer, this form makes counter offers to multiple parties. VIEW>>
Possible Contract Addendums
Short Sale Addendum (Purchase Contract Version): A form added to a Residential Resale Purchase Contract when a Short Sale is involved. The form specifies that the contract is only valid when the lender and seller agrees to sell the home to the buyer for less than the loan amount. VIEW>>
HOA Addendum: A form added to a Residential Resale Purchase Contract that discloses to the buyer what information, by Arizona law, the buyer will receive and the time frame the buyer has to reply. VIEW>>
Additional Clause Addendum: A form containing common contract clauses, which an agent simply checks to indicate they apply and then attaches to the Residential Resale Purchase Contract. VIEW>>
As-Is Addendum: A form added to the Residential Resale Purchase Contract to indicate that the buyer and seller agrees that a property is sold “As Is.” VIEW>>
Disclosure Forms
Lead Based Paint Disclosure: A form added to the Residential Resale Purchase Contract that meets formal requirements for disclosing possible presence of lead-based paint in houses built before 1978. VIEW>>
Buyer Advisory: The Buyer Advisory is a compilation of information that a buyer may use in order to discover more about his/her property and its surroundings. VIEW>>
Residential Seller’s Property Disclosure Statement: Although not a legal requirement, this form is frequently used by sellers to disclose information about the residential property being offered for sale. In instants where the seller doesn’t occupy the premises, they will most likely not have the ability to complete this form. VIEW>>
Residential Buyer’s Inspection Notice and Seller’s Response: This form delineates the home inspection period; allows a buyer to request a repair, waive the inspection results, or cancel the purchase; and allows for the seller to respond to requests from the buyer. VIEW>>
Market Condition Advisory: A form that advises the buyer and seller that real estate market conditions vary, and that the price a buyer is willing to offer and that a seller is willing to accept is at their discretion. VIEW>>