What if the standard contract form is not used?
A. Many developers, builders, employee relocation services and lenders’ asset managers use thier own sales contract forms. Generic contract forms are also commonly available and can now be found on the Internet. Many will require you to make an earnest money deposit or similar deposit, but they may differ from the standard Real Estate Purchase & Sale Agreement (which is a copyrighted form) that contains inspection and repair provisions, title requirements and other protections, but there may be no provision allowing you to obtain a refund of the earnest money under any circumstances. Therefore, you must read every contract form carefully and consult with your attorney if you have questions.
Related Questions
- Does the Mayor/Chair of the Board of Selectmen have to sign the Standard Contract Form or is it the lead/fiscal agency director/superintendent?
- Where can retail customers get a copy of the EnergyAustralia Standard Form Customer Supply Contract?
- Is the management agreement a standard, widely used form?
