California Association of Realtors Purchase and Sale Agreement Changed

As Los Angeles based real estate lawyers we feel that we have litigated nearly every part of the commonly used residential purchase and sale agreement published by the California Association of Realtors. We have seen disputes involving disclosures, non-disclosure, tax liens, specific performance, inability to qualify for loans, purchase options, unclear title and many other types of disputes.

Fortunately much of the California Association of Realtors form remains unchanged after the introduction of a new form in late 2014. The new form appears to specify more terms that apply to modern transactions – like how to deal with the brackets for installed flat screen tvs and things of that nature.

While the California Association of Realtors residential purchase and sale agreement may have changed the law behind it has not. While parties are generally free to have a contract specify the terms of their agreement, the real estate law behind these agreements remains unchanged other than through its natural progression with case law decisions and statutory updates.

Contact us to inquire about a free consultation regarding your real estate dispute at (310) 954-1877, or email at info@schorr-law.com. We are confident that our years of experience and proven track record will best position your case for success.

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