As of July 11, 2023, the Forms Revisions have taken effect and this week, we continue our series on the 2023 Forms Changes. Annie Fitzsimmons discusses the revisions to Form 21, the Purchase and Sale Agreement. These changes include a change to the information verification provision, and how this change will allow buyers to terminate transactions based on the information provided by the seller, and how this change could possibly provide some legal protection for the seller. Listen in to make sure you're on the right track to understanding the 2023 Forms Revisions.
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Starring Annie Fitzsimmons (WR's Legal Hotline Lawyer).
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Legal Hotline Video featuring Annie Fitzsimmons, Washington REALTORS® Legal Hotline Lawyer - The Legal Hotline is a Washington REALTOR® Member only benefit. These videos are intended for Washington REALTOR® members. If you have questions and are a primary member in good standing with Washington REALTORS®, visit www.warealtor.org to contact the Legal Hotline Lawyer. You will need your NRDS ID and password to inquire with the Legal Hotline or search the database.
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