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Winter Park Home Magazine -
Issue 1 - 2008
Contracts 101 The Sequel
by Frank L. Pohl,
Attorney At Law
Partner, Pohl & Short, P.A., Winter Park
Real Estate transactions don’t have a required format, even
though that perception is often implied due to the extensive
use of the standard Florida Association of Realtors and
Florida Bar Association (FAR/BAR) approved Contact for Sale
and Purchase of real estate. This standardized Contract
allows all parties accustomed to residential sales to rely
on a set of uniform standards, which define different terms
with in the Contract. These terms are generally accepted and
understood by real estate attorneys and Realtors. More
complex transactions may require additional terminology,
which is usually added by formal Amendments to the Contract.
More......(Real Estate
Transactions)
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