Introduction to Residential Resale Purchase Contract-2017 AAR PC

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As a minimum standard of care, a blank copy of the AAR Residential Resale Purchase Contract should be provided to the client no later than:

  • The Exclusive Right to Sell/Rent is executed with the Seller
  • When a Buyer Broker Agreement is executed with a buyer
  • Prior to showing homes if the agent elects not to use a buyer broker

Failure to have a complete understanding of the terms and covenants contained within the purchase contract often leads to an incomplete representation of the client’s best interests.

Let’s take a quick look at how comfortable you are with the AAR Residential Resale Purchase Contract:

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