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FORMS
The Board of Registration of Real Estate Brokers
and Salesmen requires that each prospective buyer or seller be given
a Mandatory Agency Disclosure Form at first meeting with broker
to discuss a piece of property.
Allows the potential buyer of a condominium the
opportunity to review all condominium documents, including by-laws
and financial reports before being bound in contract.
Normally the second contract between buyer and
seller after the initial Offer to Purchase is signed. The Condominium
Purchase and Sale Agreement is specifically designed for issues
associated with condominiums.
Three-in-one contingency form allowing the buyer
to revoke the purchase agreement without further recourse for reasons
of a negative home inspection, the presence of termites or other
wood boring insects or failure to get a mortgage loan at “prevailing
rates, terms and conditions.”
Initiated by the buyer as an offer to purchase.
Initial contract between the buyer and seller. In the 1999 case,
McCarthy v. Tobin, the Massachusetts Supreme Judicial Court held
that the Greater Boston Real Estate Board Offer to Purchase is an
enforceable contract when signed by buyer and seller. Agreement between a seller and real estate company
which gives the listing company the exclusive right to market and
sell the property for an agreed upon period of time, without MLS
Addendum. For use with properties that are non-MLS listings or in
conjunction with a separate grant of authority to post information
on a multiple listing service.