The Massachusetts Association of REALTORS® has recently released four new forms to the MassForms™ Library, including:

• Seller Instructions Regarding Buyer Letters
  • Provides a streamlined approach for the seller to instruct their agent to not present personal letters from buyers.
    
    
• Fair Housing Considerations Regarding Buyer Letters
  • Allows a brokerage to provide notice to their buyer clients that they will not participate in the drafting or passing of personal letters from buyers.
    
    
• Waiver of Inspection Right Addendum
  • Reminds buyers of their right to condition their offer upon a home inspection, and that in waiving this contingency, conditions may exist with the property which would have likely been revealed by a home inspection. Further, by signing the Waiver of Inspection Rights Addendum, the buyer acknowledges that they assume this risk and waive any claims against the Broker associated with the waiver.
    
    
• Sight Unseen Addendum
  • Advises buyers that there may be aspects of the property that are different from what was expected, and which may have been revealed by viewing the property in person. This Addendum also releases the buyer’s broker, the listing broker, and the seller from any claims arising out of conditions that would have been apparent through an in person viewing of the property.

Details on accessing the MassForms™ library may be found here.

To learn more about the new updates and receive answers to your most frequently asked questions, watch this short webinar on the new forms below:

Questions related to these updates, or about any of MAR’s forms, may be sent to MAR Association Counsel, Catherine Taylor.