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SFAC Agenda

Standard Forms Advisory Committee (SFAC)

Friday, January27, 2006
Grand Ballroom Salon C/D
Marriott Hotel

8:00a.m. – 12:00 p.m.
**Closed Meeting**

Presiding:	David Cabot, Chair Renee Grubb, Vice-Chair SteveWeiss, Vice-Chair Jeanne Garde, Liaison
C.A.R. Staff:	Neil Kalin, Assistant General Counsel; Howard Fallman, Managing Senior Counsel
REBS Staff:	Tom Hurdelbrink, Staff Vice President, REBS Operations (SFAC Coordinator) Joy Alafia, REBS Standard Forms Manager

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)

IV. January 2006 Forms Release
  A.  Methamphetamine Contamination Notice (MCN) - NEW FORM
   B. Data Base Disclosure - Regarding Registered Sex Offenders (DBD)
C. Interim Occupancy Agreement (IOA)
   D. Residential Lease or Month-to-Month Rental Agreement (LR)
   E. Manufactured Home Purchase Agreement and Joint Escrow Instructions (MHPA)
   F. New Construction Residential Purchase Agreement and JointEscrow Instructions (NCPA)
   G. Home Equity Explanation and Agency Agreement/Notice of Default Purchase
         Agreement (HEAA/NODPA)
   H. Notice of Termination of Tenancy (NTT)
   I. Probate PurchaseAgreement and Joint Escrow Instructions (PPA)
   J. Residential Income Property Purchase Agreement and Joint Escrow Instructions (RIPA)
   K. Residential Lease After Sale (Seller in Possession after Close of Escrow) (RLAS)
   L. California Residential Purchase Agreement and Joint Escrow Instructions (RPA-CA
   M. Vacant Land Purchase Agreement and Joint Escrow Instructions (VLPA)
   N. Vacation RentalAgreement (VRA)

IV. April 2006 Drafts
   A. Additional Signature Addendum (ASA) - NEW FORM
   B. I Am/Am Not a REALTOR (IMR) - NEW FORM
   C. Mediation and Arbitration (MAA) - NEWFORM
   D. Withdrawal Of An Offer (WOO) - NEW FORM
   E. Seller's Affidavit of Nonforeign Status and/or California Withholding Exemption (AS)
   F. Disclosure Regarding Real Estate Agency Relationships (AD)
   G. Buyer Broker Agreement Exclusive (Right to Represent) (BBE)
   H. Buyer Broker Agreement Non-Exclusive (Right to Represent) (BBNE)
   I.    Buyer Broker Agreement (Non-Exclusive/Not for Compensation) (BBNN)
   J. Commercial, Residential Income and Vacant Land Listing Agreement (CLA)
   K. Extension of Time Addendum (ETA)
   L. Lease Listing Agreement (Exclusive Authorizationto Lease or Rent) (LL)
   M. Manufactured Home Listing Agreement (MHL)
   N. Purchase Agreement Addendum (PAA)
   O. Probate Listing Agreement (PL)
   P. Receipt and Delivery of Notices to Perform (RDN)
   Q. Residential Listing Agreement - Exclusive (RLA)
   R. Residential Listing Agreement - Agency (RLAA)
   S. Residential Listing Agreement - "Open" (RLAN)
   T. Statewide Buyer and Seller Advisory (SBSA)
   U. Supplemental Statutory and Contractual Disclosures (SSD)

V. Inspections Study Group Forms (Fall 2006)
   A. Agents Diligence Inspection Form (AID)
   B. Buyer’s Inspection Elections (BIE) - NEW FORM
   C. Seller Vacant Land Questionnaire (VLQ) - NEW FORM

VI. Inspections Study Group Forms (Fall 2006)
   A.  California Residential Purchase Agreement and Joint Escrow Instructions
        (RPA-CA) (Proposed changes, earliest Fall 2006)
   B.  Seller Property Questionnaire (SPQ)/Supplemental Statutory and Contractual
         Disclosures (SSD)(Combined Form)

VII. Review of Standard Forms Comments

VIII. Adjourn

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