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Insights Contracts

What Contract Should I Use?

October 7, 2020 Contracts

The answer to this question depends on your transaction. In an article published in the September issue of the Realtor® Association of Sarasota-Manatee’s Elevate magazine, attorney Jeffrey Grebe helps real estate agents understand the intricacies of the contract’s inspection and repair procedures to help their clients avoid pitfalls and to…

Did You Find It That Way?

September 9, 2020 Contracts

An unexpected upside of the never-ending pandemic has been the chance to spend lots of quality time at home with loved ones. Dinners around the table, movie nights, hyper-competitive Uno games – occasions to enjoy and celebrate in uncertain times. So much togetherness also reveals those less appealing habits that…

Force Majeure and the COVID-19 Pandemic

March 30, 2020 Real Estate

Uncertain times lead to unanticipated concerns, and we grapple for clarity where none seems to exist. The most obvious question on many agents’ (and clients’) minds is whether the “Force Majeure” provision of the FAR/BAR contract allows a party to cancel. In a word, no, at least not initially. Section…

Force Majeure and the COVID-19 Pandemic

March 20, 2020 Contracts

Uncertain times lead to unanticipated concerns, and we grapple for clarity where none seems to exist. The most obvious question on many agents’ (and clients’) minds is whether the “Force Majeure” provision of the FAR/BAR contract allows a party to cancel. In a word, no, at least not initially. Section…

$0 Repair Limits vs. As-Is

March 5, 2020 Contracts

In Section 12 of the FAR/BAR contract, a seller warrants the operational condition and structural integrity of their property and has the responsibility to maintain or deal with such matters going forward from the contract’s effective date through closing. Subject to the Section 9(a) repair limits, the seller is responsible…