Seller contributions might be part of the original deal, but what happens if things shift after the ink dries? No worries—that’s exactly why OREF 048 – Seller Contributions Addendum exists! This little lifesaver helps you renegotiate seller contributions after the effective date, so your transaction
Making changes to a Buyer Representation Agreement? Or maybe it’s time to bring it to a close? No worries—OREF has you covered! Whether you’re updating the terms with OREF 050A – Addendum or officially ending things with OREF 050B – Early Termination, these forms make
In the world of investment properties, especially commercial ones—nobody likes surprises. That’s where the Tenant Estoppel Certificate comes in clutch! Think of it as a reality check that confirms all the important lease details—rent, deposits, responsibilities, and more—so buyers, landlords, and lenders are all speaking
Big News! The OREA has updated its rules to align with HB 4058, which means changes to the Buyer Representation Agreement. This must-have form just received a refresh—find out what’s been changed and how it applies to your clients. Do you have an idea or
A letter of intent (LOI) is your secret weapon for kicking off a commercial property deal. Form C-514, in the OREF Commercial Library, outlines key terms like price, financing, and contingencies, ensuring everyone starts negotiations on solid ground before diving into a formal contract. Think
When assigning a sale agreement to a new buyer or adding an additional buyer, it is essential to ensure that all parties are fully aware of their rights and responsibilities. OREF’s new form, Assignment and Assumption of Sale Agreement, provides a clear and effective way
We know we’ve discussed the OREF 050 — Buyer Representation Agreement — Exclusive before, but with the recent NAR settlement changes, it’s now mandatory for buyers to sign an agreement with an agent before touring homes. It’s essential to fully grasp the details of this
Introducing the new OREF 018—Advisory to Seller Regarding Lead-Based Paint! This essential form helps you guide your sellers on their legal responsibilities concerning properties that may have lead-based paint or related hazards. Include this form in your listing packets to ensure you’re fulfilling your duty
OREF 048 – Seller Contributions Addendum, allows a buyer to effectively request and track seller contributions towards buyer expenses, ensuring transparency and smooth dealings for all parties involved. From requesting buyer agent compensation when there is not already an offer of compensation in place to
With the passing of House Bill 4058 and the proposed NAR settlement, our form, OREF 050 — Buyer Representation Agreement — Exclusive, has undergone a complete overhaul to ensure that agents and clients are compliant with the new requirements. Do you have an idea or