New form to assist sellers in providing more detail about what inspections or studies have been conducted and the current status of the condo association’s process.

Radius Requirement: This form will be added to all purchase and listing gone pending checklists. It will be required if subject property is a condo or co-op.

Previously called PACE Addendum to Contract (PACE-2). Qualifying Improvements is the new term by law and the disclosure now applies to residential and commercial transactions. This updated form can be used with both residential and commercial contracts.

Updated to be applicable to tenants only. This form is now compliant with the NAR settlement as other forms have been and includes the statement for compensation being negotiable and not set by law.

Updated to comply with the changes to section 718.503, Florida Statutes, of the Florida Condominium Act, that go into effect on December 31, 2024. This form helps sellers to disclose pertinent information about the condominium association, adhere to disclosure requirements and document production. Newly added to this form are conspicuous statements with checkboxes that address the milestone inspection, turnover inspection report and structural integrity reserve study and whether the association has or has not completed them or is not required to do so.

The Florida Realtor®/Florida Bar Joint Contract Committee made three changes to version 7 of the Florida Realtors/Florida Bar’s Residential Contract for Sale and Purchase and the “AS IS” Residential Contract for Sale and Purchase. The three changes are the same in both contracts, as follows:

Updated to better define “Closing Services” in paragraph 9 and clarify that each party to the transaction shall bear their own costs for Closing Services related to their respective role in the transaction (buyer or seller). Paragraph 15(a) was revised to remove the provision that allowed the cooperating broker to request half of a listing broker’s retained deposit (if any) in the event of a buyer default. Paragraph 19 was changed to add check boxes for the previously approved riders FF and GG.

Updated to comply with the changes to section 718.503, Florida Statutes, of the Florida Condominium Act, that go into effect on December 31, 2024. The revisions to the form allow a seller to comply with the disclosure requirements of the Condominium Act concerning the Structural Integrity Reserve Study, Milestone Inspection and Turnover Inspection reports. The seller can use checkboxes to customize the form according to which inspection reports their condominium association has completed.

This form is not a requirement.

New form to allow the parties to agree to concessions or contingency that relates to the Buyer’s broker being compensated. This form can be used with the Contract for Residential Sale and Purchase (CRSP16xxx), Vacant Land Contract(VAC-14xxx) and the Commercial Contract (CC-5xx).

Source: https://www.floridarealtors.org/news-media/news-articles/2024/11/florida-realtors-releases-new-updated-forms

Commission Agreement (CA-8)

Vacant Land Listing Agreement (VLLA-5)

Limited Service Listing Agreement (LSLA-4)

Exclusive Right of Sale Listing Agreement - Commercial (ERS-9cp)

This form is a new requirement for all residential transactions.

The new flood disclosure law, effective October 1, requires sellers to disclose prior flood insurance claims, federal flood assistance, and the property’s flood history, ensuring buyers have crucial information before signing a sales contract, though FEMA limits access to flood history to current policyholders, and homeowners’ insurance typically excludes flood damage.

Filled out by the seller at time of listing; given to the buyer prior to submission of offer or at time of offer

This form is only required when the subject property is a condominium.

Florida's condo market has seen a significant update since October 1. Sellers must now disclose special assessments, reserve studies, insurance details, and flood zone status. This ensures buyers have a clearer picture of potential costs and risks before purchasing.

Filled out by the seller and signed by both parties

This form is only required when the subject property is a condominium.

Florida's condo market has seen a significant update since October 1. Sellers must now disclose special assessments, reserve studies, insurance details, and flood zone status. This ensures buyers have a clearer picture of potential costs and risks before purchasing.

Filled out by the seller and signed by both parties

This form may be used when a seller agrees to give a credit to the buyer in a transaction when the buyer has entered into a separate buyer’s brokerage agreement and elects to apply the credit towards buyer brokerage compensation.

This form may be used by the buyer to make the contract contingent on the seller or seller’s broker executing a separate compensation agreement with the buyer’s broker, with terms acceptable to the buyer. This form gives the buyer the ability to cancel the contract if no separate agreement is reached, or the terms of the separate agreement are unacceptable.

This form does not require signatures, only proof of delivery, and is required to be provided to all existing customers that signed a representation agreement prior to August 6th, 2024

Exclusive Right of Sale Listing Agreement Single Agent (ERS-19sa)

Exclusive Right of Sale Listing Agreement Consent To Transition To Transaction Broker (ERS-20tn)

Exclusive Right of Sale Listing Agreement No Brokerage (ERS-17nr)

Exclusive Right of Sale Listing Agreement Transaction Broker (ERS-20tb)

Although not recommended, this form can be used for touring purposes

Exclusive Buyer Brokerage Agreement - Transaction Broker (EBBA-7tb)

Exclusive Buyer Brokerage Agreement - Consent To Transition To Transaction Broker (EBBA-7tn)

Exclusive Buyer Brokerage Agreement - No Brokerage Relationship (EBBA-7nr)

Exclusive Buyer Brokerage Agreement - Single Agent (EBBA-7sa)

Seller To Buyers Broker (CASB-1)

Seller's Broker To Buyers Broker (CABB-1)

Owner-Listing Broker To Tenants Broker (CAOT-1)