What if It’s Not a CAR contract?

What if It’s Not a CAR contract?

CAR forms should be used on every transaction if at all possible.

Occasionally, there may be situation where a different publisher of forms is used depending upon the standards of that particular Board of Realtors.

  1. San Francisco – Generally transactions require the use of the San Francisco Board of Realtors forms [the SF Library is available to all agents through Zip Forms]. These form are somewhat different – especially the SF Purchase Agreement, Supplemental Disclosure to the TDS [Transfer Disclosure Statement] and Contingency Removal form.
  2. San Mateo/Santa Clara County – The Boards of Realtors for San Mateo/Santa Clara Counties require the use of PRDS forms [Peninsula Regional Data Services]
  3. New Home Builders will generally use their own contract and disclosure forms. Because you are being paid a referral by the Builder, you are not responsible for the forms used.
  4. Relocation Companies may use their own contract and disclosure forms. Generally, you can write up your offer on a CAR RPA form, and then the Relocation Company will use a Standard Relocation Addendum to “tweak” the terms. If you have any questions, please seek advice form the Contract Support Manager.
  5. REO [Foreclosure Banks] may use their own contract and disclosure forms. Generally, you can write up your offer on a CAR RPA form, and then the REO Bank will use a Standard REO Addendum to “tweak” the terms. If you have any questions, please seek advice form the Contract Support Manager.

 

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