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- The Forms -
The key thing to remember in real estate is that all contracts must be in writing to be legally
enforceable. As a result, every year new and updated forms, contracts and disclosures are
mandated by the various federal, state, and local agencies that have some input on the real
estate transaction. These forms and requirements vary by state, local requirements, and local
custom. The following forms are the primary forms required by the state. Other disclosures are
required, but these will provide you with a good overview of the key documents in the transaction.
The links take you directly to the state sites.
In Pennsylvania:
Pennsylvania Consumer Notice:
Business Relationship Between Broker and Buyer:
Agreement of Sale - Residential:
Seller's Property Disclosure Statement:
Buyer's Financial Information:
Deposit Money Notice:
This is clearly not an all-inclusive list and there are many additional forms that can be used for any
given situation. In addition, most real estate firms have their own forms and disclosures that are
required based on their business relationships and local area requirements.
enforceable. As a result, every year new and updated forms, contracts and disclosures are
mandated by the various federal, state, and local agencies that have some input on the real
estate transaction. These forms and requirements vary by state, local requirements, and local
custom. The following forms are the primary forms required by the state. Other disclosures are
required, but these will provide you with a good overview of the key documents in the transaction.
The links take you directly to the state sites.
In Pennsylvania:
Pennsylvania Consumer Notice:
Business Relationship Between Broker and Buyer:
Agreement of Sale - Residential:
Seller's Property Disclosure Statement:
Buyer's Financial Information:
Deposit Money Notice:
This is clearly not an all-inclusive list and there are many additional forms that can be used for any
given situation. In addition, most real estate firms have their own forms and disclosures that are
required based on their business relationships and local area requirements.
2007 All Rights Reserved
"The Name says it all!"
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Drafted by the Pennsylvania State Real Estate Commission, this notice must be provided at the first contact
where a substantive discussion about real estate occurs. Please click here to see the entire notice.
where a substantive discussion about real estate occurs. Please click here to see the entire notice.
Required to be used when Buyer's Broker is holding deposit monies prior to delivery to the listing broker.
Satisfies Agency Law requirements when working with buyers as a buyer's agent, a subagent, or a
transaction licensee. Includes a buyer agency contract (for buyer's agents) and a disclosure notice (for
subagents and transaction licensees). This creates the agency relationship.
transaction licensee. Includes a buyer agency contract (for buyer's agents) and a disclosure notice (for
subagents and transaction licensees). This creates the agency relationship.
All inclusive residential Agreement of Sale. Contains most commonly used clauses including the lead based
paint disclosure. This is the primary form for the transaction. It describes all aspects of the sale and
inspections. It also confirms the agency relationships.
paint disclosure. This is the primary form for the transaction. It describes all aspects of the sale and
inspections. It also confirms the agency relationships.
Complies with Real Estate Seller Disclosure Law. Seller's disclosure of known defects and conditions on
the Property.
the Property.
Used by Buyer's Agent to get overview of Buyer's financial situation. Most sellers will want to see this
information to confirm the Buyer's preapproval capabilities.
information to confirm the Buyer's preapproval capabilities.
Licensed in CA, DE, and PA