Forum on Forms
Sponsored by the Standard Forms Advisory Committee (SFAC)
Room 314/315
Sacramento Convention Center
9:00 a.m. – 12:00 p.m.
| Presiding: | David Cabot, Chair
Renee Grubb, Vice-Chair
Steve Weiss, 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 |
I. Welcome and Opening Remarks (David Cabot)
II. April 2006 Forms Release (Renee Grubb)
A. New Forms
1. Additional Signature Addendum (ASA)
2. Withdrawal Of An Offer (WOO)
B. Form Changes to Compensation, DRE# and Confidentiality
1. All Listing Agreement:
a. Residential(RLA, RLAA, RLAN)
b. Probate Listing (PL) forms
2. All Buyer Broker Forms (BBE, BBNE, BBNN)
3. Manufactured Home (MHL)
4. Commercial, Residential Income and Vacant Land Listing Agreement (CLA)
5. Lease Listing Agreement (ExclusiveAuthorization to Lease or Rent) (LL)
C. Form Interactive with WINForms
1. Estimated Buyer Cost (EBC)
2. Estimated Seller Proceeds (ESP)
D. Form Language Addition or Clarification
1. Purchase Agreement Addendum (PAA)
2. Extension of Time Addendum (ETA)
3. Receipt and Delivery ofNotices to Perform (RDN)
4. Statewide Buyer and Seller Advisory (SBSA)
5. Supplemental Statutory and Contractual Disclosures (SSD)
E. Form Change to Page Numbering
1. Disclosure Regarding Real Estate Agency Relationships (AD)
2. Seller’s Affidavit of Nonforeign Status and/or California WithholdingExemption (AS)
III. Additional Fall 2006 Draft: I Am A REALTOR® (IMR) – NEW FORM (David Cabot)
IV. Inspection Study Group Drafts (Fall 2006) (Steve Weiss)
A. Agent’s Diligence Inspection Form (AID) – Please reserve comment for panel discussion
B. Buyer’s Inspection Elections (BIE) – NEW FORM
C. Buyer’s Inspection Waiver (BIW) – NEW FORM
D. Seller Vacant Land Questionnaire (VLQ) – NEW FORMV. Agent’s Diligence Inspection Form (AID) – PANEL DISCUSSION (David Cabot)
VI. Invitation to Regional Representatives to Attend SFAC Meeting on Friday (David Cabot)
Carmel Room A/B, Hyatt Regency HotelVII. Open Question and Answer (David Cabot) VIII. Adjournment
