Blog
Standard Forms‘Delay of game’ for Consumer Notice implementation
For about six months, PAR has been telling you that the deadline to begin using the new Consumer Notice mandated by the State Real Estate Commission was June 13. We’ve been telling you in the Pennsylvania REALTOR®, this blog, the E-REALTOR® News, on Facebook, in a podcast, in person…you get the idea. The revised form (with a revision date of 12/08) has been sold since January of this year, and all electronic forms vendors have loaded the new form in place of the old one. We’re ready and we hope you are too.
For those of you who aren’t quite ready, however, the Commission has just announced an official “delay of game” for mandatory implementation of the new form. According to communications received from the Commission on Thursday, June 11:
“…the Commission has extended the implementation time for an additional three months. As such, licensees must begin using the new short-form Consumer Notice as of SEPTEMBER 15, 2009. Licensees may use either the new short-form Consumer Notice or the long-form Consumer Notice until September 15, 2009 SO LONG AS one of the forms are used whenever there is an initial interview.”
** NOTE: PAR has been informed that this statement will be on the Commission Web site, but it was not yet published at the time of this post.
To put it another way, if you’re already using the new form, keep using it and don’t do anything differently. You’re completely in compliance and the world is a wonderful place. If you hadn’t quite updated your e-forms, or if you forgot to order your new printed forms, you have some breathing room. But don’t wait too long – September will be here before you know it.
Like|
About Hank: Hank Lerner, Esq. is the Director of Member & Legal Services at the Pennsylvania Association of REALTORS®. |
Related posts:
Print This Article
