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Tip of the Week: Anytime you see a word capitalized in any OREF form, there is a definition for that term

Anytime you see a word capitalized in any OREF form, there is a definition for that term (unless, of course, it is the first word of a sentence or a proper noun). The definition can be found either in the section where it is used or, for words used in multiple sections, in the definitions section of the Sale Agreement. Always be sure to understand what the definition of each term means. And use capitalized terms when you are writing addenda, to speed up drafting and make your addenda more precise.

 

All comments and responses from OREF or its staff, managers, and volunteers are non-legal opinions made for general purposes. Each Forms subscriber must rely solely upon their Principal broker or personal legal counsel for specific advice and instruction. You and your client should independently confirm that the Form(s) you use are legally suitable for the purposes intended and that they are current with respect to all laws and regulations.