Comments on: New Agreement of Sale reflects changes to inspections, mediation http://www.parjustlisted.com/archives/2048#utm_source=feed&utm_medium=feed&utm_campaign=feed Your source for real estate news from the PA Association of Realtors® Wed, 08 Feb 2012 15:24:26 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Kathy Opperman http://www.parjustlisted.com/archives/2048/comment-page-1#comment-293 Kathy Opperman Fri, 11 Dec 2009 00:44:17 +0000 http://www.parjustlisted.com/?p=2048#comment-293 Congratulations to the entire Agreement of Sale subcommittee,and especially Chairman Dominic Cardone, as well as the Standard Forms Panel and Oversight Committees for a job well done. The feedback we received, the idea sharing and the time invested yielded a great new form. Lots of learning to be had, as we launch the new Agreement in January! And also special thanks to PAR staffers, Mike Barth, Hank Lerner, Cheryl Savino AND PAR counsel: Jim Goldsmith and Brett Woodburn. Kathy Opperman 2009 Chair of PAR Standard Forms & Oversight Committee Proud Member of Agreement of Sale Subcommittee Congratulations to the entire Agreement of Sale subcommittee,and especially Chairman Dominic Cardone, as well as the Standard Forms Panel and Oversight Committees for a job well done. The feedback we received, the idea sharing and the time invested yielded a great new form. Lots of learning to be had, as we launch the new Agreement in January!

And also special thanks to PAR staffers, Mike Barth, Hank Lerner, Cheryl Savino AND PAR counsel: Jim Goldsmith and Brett Woodburn.

Kathy Opperman
2009 Chair of PAR Standard Forms & Oversight Committee
Proud Member of Agreement of Sale Subcommittee

]]> By: Hank Lerner, Esq. http://www.parjustlisted.com/archives/2048/comment-page-1#comment-194 Hank Lerner, Esq. Wed, 14 Oct 2009 19:24:03 +0000 http://www.parjustlisted.com/?p=2048#comment-194 Mark: I'm a PAR staffer who is heavily involved in the forms drafting process, not an outside attorney looking to circumvent the process. The goal of the change is to encourage more mediation, but we know that there will be consumers who don't want to agree in advance to mediate future disputes. If the parties want to agree to terms other than those pre-printed in the form they always have the right to cross out the pre-printed language and, if appropriate, propose new language. Mark: I’m a PAR staffer who is heavily involved in the forms drafting process, not an outside attorney looking to circumvent the process. The goal of the change is to encourage more mediation, but we know that there will be consumers who don’t want to agree in advance to mediate future disputes. If the parties want to agree to terms other than those pre-printed in the form they always have the right to cross out the pre-printed language and, if appropriate, propose new language.

]]> By: Mark http://www.parjustlisted.com/archives/2048/comment-page-1#comment-189 Mark Tue, 13 Oct 2009 20:23:13 +0000 http://www.parjustlisted.com/?p=2048#comment-189 It didn't take long for an Attorney to see a way around 'mandatory' mediation. Striking the paragraph defeats the purpose of the form change, helping eliminate lawsuits. It didn’t take long for an Attorney to see a way around ‘mandatory’ mediation. Striking the paragraph defeats the purpose of the form change, helping eliminate lawsuits.

]]> By: Hank Lerner, Esq. http://www.parjustlisted.com/archives/2048/comment-page-1#comment-187 Hank Lerner, Esq. Tue, 13 Oct 2009 13:54:02 +0000 http://www.parjustlisted.com/?p=2048#comment-187 Mary Lou: The Agreement doesn't "force" mediation on anyone. The difference here is that the current form says 'buyer and seller agree to mediate unless we check the waiver box below' while the new form just says 'buyer and seller agree to mediate.' If the parties don't want to mediate they just cross out the subparagraph instead of checking the waiver box. Mary Lou: The Agreement doesn’t “force” mediation on anyone. The difference here is that the current form says ‘buyer and seller agree to mediate unless we check the waiver box below’ while the new form just says ‘buyer and seller agree to mediate.’ If the parties don’t want to mediate they just cross out the subparagraph instead of checking the waiver box.

]]> By: Mary Lou Scheidemantle http://www.parjustlisted.com/archives/2048/comment-page-1#comment-175 Mary Lou Scheidemantle Mon, 12 Oct 2009 21:18:25 +0000 http://www.parjustlisted.com/?p=2048#comment-175 How do we force mediation on people who do not want it? How do we force mediation on people who do not want it?

]]> By: Al Perry http://www.parjustlisted.com/archives/2048/comment-page-1#comment-170 Al Perry Mon, 12 Oct 2009 04:47:31 +0000 http://www.parjustlisted.com/?p=2048#comment-170 I love that the default inspection days will now be modified to 10 days. 10 days is plenty of time to take the car for a test drive. There is something to be said for speeding up the failure process:) I love that the default inspection days will now be modified to 10 days. 10 days is plenty of time to take the car for a test drive. There is something to be said for speeding up the failure process:)

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