Important information regarding the November forms release

Published: October 24, 2007

<div class="serendipity_imageComment_right" style="width: 110px"><div class="serendipity_imageComment_img"><a class='serendipity_image_link' href='http://blog.srcar.org/files/November%202007%20Quick%20Summary%20update2.pdf'><!– s9ymdb:48 –><img width="110" height="110" src="http://blog.srcar.org/uploads/pdf-logo.thumb.jpg" alt="" /></a></div><div class="serendipity_imageComment_txt">Download</div></div><p><strong>November 2007 Forms Information</strong></p><br /><p>Attached you will find the November 2007 New/Revised Order Form<strong> </strong>and<strong> </strong>an updated<strong> </strong>November 2007 Standard Forms Quick Summary Guide.&#160; Additionally, the final sample pdfs of both the new and revised forms are attached for your preview.&#160; </p><br />
<p>As a result of recent statutory changes, effective January 1, 2008, a seller has an obligation to make specific disclosures if the property being sold is subject to a private transfer fee. The new Notice of Transfer Fee form (NTF) contains the questions the seller is obligated to answer. </p><br />
<p>Below, you will find the list of forms that are slated for release and revised for November 2007.&#160; PLEASE NOTE:&#160; this list is subject to change, and we will notify Associations with any changes or additions. There are 3 new forms, 13 revised forms and 5 blind/silent revisions.</p><br />
<p><U>New Forms</U></p><br />
<ul><br />
<li>Notice of Transfer Fee (NTF)</li><br />
<li>Short Sale Addendum (SSA)</li><br />
<li>*Short Sale Listing Addendum (SSL)</li><br />
</ul><br />
<p><U>Revised Forms</U></p><br />
<ul><br />
<li>Agent Visual Inspection Disclosure (AVID)</li><br />
<li>Manufactured Home Purchase Agreement and Joint Escrow Instructions (MHPA)</li><br />
<li>Move In/Move Out Inspection (MIMO)</li><br />
<li>Modification of Terms:&#160; Authorization and Right to Sell, Acquire or Rent (MT)</li><br />
<li>Notice of Termination of Tenancy (NTT)</li><br />
<li>California Residential Purchase Agreement and Joint Escrow Instructions (RPA-CA)</li><br />
<li>Request for Repairs (RR)</li><br />
<li>Seller Property Questionnaire (SPQ)</li><br />
<li>Trust Bank Account Record for All Trust Funds Deposited and Withdrawn (TAA)</li><br />
<li>Trust Bank Account Record for Each Beneficiary (TAB)</li><br />
<li>Trust Bank Account for Each Property Managed (TAP)</li><br />
<li> Vacant Land Purchase Agreement and Joint Escrow Instructions (VLPA)</li><br />
<li> Water Heater &amp; Smoke Detector Statement of Compliance (WHSD)</li><br />
</ul><br />
<p><U>Blind/Silent Revisions</U> <em>(Revision date of forms will NOT be changed; Minor grammatical changes to the forms only)</em></p><br />
<ul><br />
<li> Disclosure Regarding Real Estate Agency Relationships (AD)</li><br />
<li> Seller&rsquo;s Affidavit of Nonforeign Status and/or California Withholding Exemption (AS)</li><br />
<li> Home Equity Explanation and Agency Agreement (attached to NODPA and HENC, not sold separately) (HEAA)</li><br />
<li> Residential Lease After Sale (RLAS)</li><br />
<li> Seller Vacant Land Questionnaire (VLQ)</li><br />
</ul><br />
<p><strong><em>*The SSL form was released in August 2007.</em></strong></p><br />
<p><strong><em>New and revised form orders may be placed commencing October 22, 2007 with shipments beginning the week of November 5, 2007.&#160; </em></strong></p>


Last modified: October 24, 2007 at 10:29 am | Originally published: October 24, 2007 at 10:29 am
Printed: September 26, 2020