INTRODUCTION
On or about November 1, 2025, the Arizona REALTORS® will release a revised version of the following five (5) forms:

• Residential Resale Real Estate Purchase Contract;
• Commercial Real Estate Purchase Contract;
• Vacant Land/Lot Purchase Contract;
• Solar Addendum; and
• Additional Clause Addendum

This three-part series will explain the revisions in detail to ensure that REALTORS® are prepared for these changes.

OVERVIEW
The Residential Resale Real Estate Purchase Contract will include minor revisions to further disclose the possibility that seller concessions may be used by the buyer to pay broker compensation and emphasize consent to allow any broker to be paid by both parties.  For consistency, the Arizona REALTORS® revised its two other real estate purchase contracts using similar, corresponding changes to ensure consistency.  

The Solar Addendum will be heavily revised to address problems encountered by numerous solar companies filing bankruptcy.  The changes move up the timeline for buyers to begin the process of qualifying for an assumption of a solar loan or lease. 

The Additional Clause Addendum will contain two new clauses: (i) Offer Initiated By Seller; and (ii) Unrepresented Buyer Notice.

PURCHASE CONTRACT REVISIONS[1]
A redline version of the revised Residential Resale Real Estate Purchase Contract can be found here. 

The Arizona REALTORS® Residential Resale Real Estate Purchase Contract currently includes a boilerplate term whereby a buyer can request the seller to provide seller concessions as part of their offer.  If the seller agrees, the buyer is allowed to use the seller concessions “for any Buyer fee, cost, charge, or expenditure to the extent allowed by Buyer’s lender.”  Section 2j.  Since almost all lenders allow the Buyer to use seller concessions to pay their broker, the workgroup felt it was best to highlight this possibility to sellers for full transparency.  As a result, “broker compensation” was expressly added as a permissible use of seller concessions.

In a similar effort, the workgroup wanted to emphasize the parties’ consent should a broker be paid by both the buyer and the seller.  Section 8f will now include a sentence that states the parties consent to any “Broker receiving compensation from more than one (1) party to the transaction” with the parties’ initials documenting their approval.

Despite these changes, the Arizona REALTORS® WILL NOT be removing the Seller Compensation Addendum (SCA).  The SCA is still the preferred method for a buyer to request the seller to pay compensation to the buyer broker because it specifically identifies the buyer’s intention for the term and includes an amount.  Full transparency is always best practice.

Small additional revisions were also made to the form.  In Section 8f, broker agreements “may” be delivered to an escrow company but are no longer required by use of the word “shall.”  This change conforms to standard practice in the industry.  The sections of the purchase contract specifying delivery of notices (8m), and an accepted offer (8o), now match and can be delivered “in person” or by “electronic mail.”

The purchase contracts below were also revised to include similar changes.  However, revisions to the Seller Concessions section were omitted because neither form includes such a section.

• Vacant Land/Lot Purchase Contract- A redline version can be found here.

• Commercial Real Estate Purchase Contract- A redline version can be found here.

Aaron M. Green, Esq., a licensed Arizona attorney, is the General Counsel for the Arizona Association of REALTORS®.  This article is of a general nature and reflects only the opinion of the author at the time it was drafted.  It is not intended as definitive legal advice, and you should not act upon it without seeking independent legal counsel.

Prior Form Revisions
The Arizona REALTORS® strives to keep all its forms up to date as laws change or industry practice evolves.  Once released, the forms library contained on all of the Arizona REALTORS® forms licensing platforms are updated. 

Updates to forms are made to minimize your risk and ensure legal compliance. Don’t take a chance with outdated forms.  Prior Arizona REALTORS® form revisions (2014 – 2025) can be found at:  https://www.aaronline.com/2019/05/20/form-revision-updates/

[1] Thank you to the 2025 Purchase Contract workgroup for their efforts to revise forms.  The workgroup was chaired by Mary Ann Shryack.  Other workgroup members were Martha Appel, Annie Barmore, Nicole Cumbie, Cathy Erchull, Michael Hofstetter, Michael Hunt, Monica Monson and Chey Tor.