Differences Between the Standard & AS-IS Residential FR/BAR Contracts

Join Berlin Patten Ebling attorneys for seminars covering contractual issues and real estate market trends.

This class will provide an overview of the differences between the Standard and As-Is FAR/BAR Contracts, with a focus on the Inspection Period requirements and obligations. When dealing with the standard contract instead of the As-Is version, providing timely inspection reports and repair estimates is vital to preserving the parties’ respective contractual rights. Missing a deadline can create an unfortunate situation that could have easily been avoided. We will discuss those deadlines and how to best protect your clients when it comes to General Repair Items, WDO Inspections, and Permit Inspections.