Updated contracts due to legislative changes
Update Feb. 4, 2016: Due to legislative changes to the Foreign Investment in Real Property Tax Act (“FIRPTA”), Standard V (FIRPTA ) of the Florida Realtors/Florida Bar Residential Contract For Sale And Purchase form and its AS IS companion have been revised. The revision dates and form numbers also reflect these updates. The Florida Realtors Contract for Residential Sale and Purchase (CRSP-14a) FIRPTA Addendum has also been revised. The revised forms will be released on Monday, Feb. 15, 2016.
View the redline or highlighted contract versions:
Legal Updates: Mid-Winter Business Meetings 2016
Download these presentations for an overview of the Legal Update Forum during the 2016 Florida Realtors Mid-Winter Meetings in January.
Updated Contracts as a result of CFPB Regulations
Update Oct. 3, 2015: The Florida Realtors/Florida Bar Residential Contract, its AS IS companion, three of its Riders, the Florida Realtors Residential Contract, and one of its addenda have been revised and are now live on Form Simplicity and through other forms vendors. Changes are minimal and are a result of new CFPB regulations impacting the lending industry.
Redlined versions of the forms – with changes indicated – are available for download below for review.
The previous versions of these forms have been removed from Form Simplicity. Please note, with regard to the FloridaReators/FloridaBar forms, format is not yet final, including placement of asterisks.
Redline or highlighted versions:
Summary of revisions:
Oct. 20, 2014: Updated redline/highlighted residential contracts
The Florida Realtors/Florida Bar Residential Contract, its AS IS companion and several of the Comprehensive Riders are now live and available in Form Simplicity and through other forms vendors. Changes are minimal and are a result of marketplace issues or law changes.
Redline or highlighted versions
We are providing redline/highlighted versions of the forms – with changes indicated – and a summary of the changes. The "Talking Contract" will soon be available again, and will include the revisions.
Summary of Revisions