Standard Forms Advisory Committee (SFAC)

Hyatt Regency Hotel, Carmel Room A/B

Friday, June 11, 2010

8:00 a.m. – 12:00 p.m.

**Closed Meeting**

Presiding:        Lannie Mott, Chair

                        Vicki Carpenter, Vice Chair

                        Sandra Shaw , Vice-Chair

Liaison:            Suzanne Yost                        

C.A.R. Staff:    Neil Kalin , Assistant General Counsel

                        Howard Fallman, Managing Senior Counsel                     

REBS Staff:      Joy Alafia, Director of Business Products (SFAC Coordinator)

8:00-8:15 a.m. (Closed Meeting)

I.          Welcome and Opening Remarks                                                             

8:15-8:45 a.m. (Open Session)

II.       Regional Representatives Reports

8:45-noon (Closed Meeting)

III. November Statutory Changes to Transfer Disclosure Statement (TDS)

IV. Transaction Checklist Proposal

V.  Drafts Requested from February Meetings

A.       SSA

B.       BRE

C.       REO

D.       REOL

E.       SBSA

F.       RLA

VI. Property Management Study Group Status

VII. Digital Ink

VIII. Review of Standard Forms Comments

IX. Adjourn

Mission:  The mission of the committee is to serve in an advisory role in meeting the objectives of the Standard Forms Business Plan.  The committee reviews existing forms for legal accuracy and relevancy, provides input in the development of new forms, and advises on policy issues to ensure that the Association is positioned to respond quickly and effectively to emerging legal requirements, new legislation, changing business practices and consumer trends. (July 1994) – The Forum on Forms provides the Standard Forms Advisory Committee with a vehicle for gathering and distributing information related to the creation and development of C.A.R.’s Standard Forms.  Input received at the Forum on Forms is carefully evaluated by the Committee and is crucial to the Committee in meeting its core mission goals.

Revised 6/03/10