California agents, do you use zipForm® Plus to write your purchase contracts and listing agreements? If you do, then you need to know that they’ve got a lot of new forms that have just been released. In December of 2015, the following brand new forms and form revisions were released by the California Association of Realtors®. (Click here to see the California real estate forms in detail—including noted changes in red):
New Forms:
GAD - Agricultural Addendum ARB - Arbitration Agreement CCSPA - Condominium Conversion Subdivision Purchase Agreement and Joint Escrow Instructions CEEI - Condominium Conversion and Existing Subdivision Supplemental Escrow Instructions DNA - Delivery Of Notices Addendum ESPA - Existing Subdivision Purchase Agreement and Joint Escrow Instructions MHLA - Manufactured Home Listing Addendum PLA - Probate Listing Addendum and Advisory RCSD-B - Representative Capacity Signature Disclosure (For Buyer Representatives) RCSD-S - Representative Capacity Signature Disclosure (For Seller Representatives) SOFBN - Salesperson Owned Fictitious Business Name Agreement
Revised Forms:
AAA - Additional Agent Acknowledgement ABA - Additional Broker Acknowledgement ADM - Addendum CA - Commission Agreement CL - Commercial Lease Agreement COP - Contingency for Sale of Buyer's Property CPA - Commercial Property Purchase Agreement and Joint Escrow Instructions CR - Contingency Removal ESD - Exempt Seller Disclosure (formerly SSD) LR - Residential Lease Or Month-to-Month Rental Agreement LRA - Application to Rent/Screening Fee NPB - Notice of Prospective Buyers/Transferees PCQ - Notice to Perform Covenant (CURE) Or Quit PMA - Property Management Agreement RIPA - Residential Income Property Purchase Agreement and Joint Escrow Instructions RLA - Residential Listing Agreement RPA - Residential Purchase Agreement and Joint Escrow Instructions RR - Request for Repair RRRR - Seller Reponse and Buyer Reply to Request for Repair SA - Seller's Advisory SBSA - Statewide Buyer and Seller Advisory SMCO - Seller Multiple Counter Offer SP - Single Party Compensation Agreement SPQ - Seller Property Questionnaire VLPA - Vacant Land Purchase Agreement And Joint Escrow Instructions
Agents, don’t forget to update their zipForm® Plus templates to add the new forms and delete old California forms when necessary. And, as always, since it’s a new year, don’t forget to check in with your Broker to learn about any additional changes required by your brokerage.
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