Form  # 

Form Name

New  / Revised

Changes

1108

Compensation and Cooperation –
Broker to Broker

Revised

Small revisions throughout, no significant substantive changes

2101

Price Modification / Seller Credit

Revised

Para. 1(A): Clarified that licensed contractors are only required if required by law

Para. 1(C): Added “Buyer Broker Commissions” to Seller Credits

Para. 1(C): Now provides options –Seller credits disallowed by lender MAY be used to reduce purchase price or MAY NOT be used to reduce purchase price

5143

Resolution Addendum

Revised

Same changes as made to Form 2101

4660

Seller’s Compensation to Buyer’s Broker

Revised

This form was called “Seller’s Bonus to Buyer’s Broker”. It was renamed and small changes were made throughout.

5115

Buyer Broker Agreement Termination Addendum

New

Terminates the Buyer Broker Agreement

1208

Notice to Unrepresented Buyer

New

Used by a listing broker if a buyer does not wish to work with ANY buyer’s broker – not the listing broker and not another buyer broker; or

If the listing broker was not willing to represent the buyer and the buyer refused to obtain their own broker to represent them.

This form would ONLY be used if the buyer insisted on representing themselves.

2301

Buyer Broker Compensation –
Third-Party Beneficiary Addendum

New

May be used by a Buyer and included with a Purchase Agreement if/when the Buyer is requesting the Seller to pay some/all of the Buyer-Broker’s Commission