Common Contracts
1 similar Standard Agreement for the Sale of Real Estate contracts
Standard agreement for the sale of real estate pennsylvania pdfStandard Agreement for the Sale of Real Estate • September 24th, 2024
The Standard Agreement for the Sale of Real Estate, also known as Form ASR, is a contract used in residential real estate transactions. It contains commonly used clauses and legal requirements for sales contracts involving real estate licensees. This form should be used to outline the terms between the buyer and seller. In specific cases, certain transfers are exempt from using this standard agreement, including those mandated by court order, such as probate court orders, or transfers due to default on a mortgage or deed of trust. Exceptions also apply when transferring property to a spouse, a person in the lineal line of consanguinity, or between spouses resulting from a decree of dissolution or legal separation. The Standard Forms are regularly reviewed and updated by real estate professionals, association staff, and legal counsel to create necessary forms for business and client services. Changes are made twice a year by the Standard Forms Committee, with updates available on form p
