Proper Use of Section 1d of the Residential Purchase Contract

Posted on February 25, 2016 by Lee Cooley

Generally speaking, a contract is an agreement with specific terms between two or more persons or entities in which there is a promise to do something in exchange for a valuable benefit known as consideration. Although it may seem obvious, an essential element of a valid contract is that all parties agree on all major […]

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Don’t Add Confusion to an Addendum

Posted on May 11, 2015 by

The purpose of an addendum is to include additional terms and conditions to a contract. More specifically, an addendum may accomplish the following: (1) provide further explanation to the terms in the contract; (2) modify existing terms in the contract; or (3) present new considerations to the contract. While an addendum should only affect those […]

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Residential SPDS Release

Posted on June 3, 2014 by Scott Drucker

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AAR Updates Seller Financing Addendums

Posted on February 19, 2014 by Scott Drucker

To ensure that its new seller financing addenda reflect the CFPB’s definition of a consumer credit transaction, AAR has revised the three seller financing addenda introduced earlier this year and will continue to do so as may be required to comply with newly issued regulations and policy statements.

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AAR Helps Arizona Property Owners Maintain the Right to Use “For Sale” Signs

Posted on September 6, 2013 by Scott Drucker

The Arizona Association of REALTORS® (AAR) is committed to supporting statutes and legislation that promote Arizona’s housing market, which is vital to the economy of this state. It is this commitment that led AAR to file an amicus curiae brief in support of a homeowner’s right to utilize an industry standard “For Sale” sign regardless […]

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How Far is Too Far?

Posted on July 1, 2013 by Bethany Brannan

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Last Look: Buyer Pre-Closing Walkthrough & FAQs

Posted on February 1, 2013 by

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FAQ About the AAR Loan Status Update | January 2011

Posted on January 27, 2013 by

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AAR’s Disclosure of Buyer Agency and Seller Waiver and Confirmation Form

Posted on November 19, 2012 by Michelle Lind

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Lead-Based Paint Disclosure

Posted on January 15, 2011 by Michelle Lind

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