Must use seller's dre approved contract

User Forum Topic
Submitted by patientlywaiting on October 23, 2007 - 11:30am

Here's a question for Realtors.

I often see that new developments and conversions require that buyers use seller's dre approved contract.

What is usually the difference between the seller's DRE approved contract and the standard CAR contract?

I assume that the seller's contract is more favorable to them than a standard CAR contract. Perhaps to limit liablity?

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PW - Pretty much all
Submitted by SD Realtor on October 23, 2007 - 3:48pm.

PW - Pretty much all developers or conversions use thier own contract because for liability limitation. Conversions will have a small volume of liability release nomenclature for builders defects while new homes will have thier own reductions of contingency timelines etc...

So yes thier is not a single developer or conversion that I know of that does not use thier own private contract. Yeppers your assumption about favorability is 100% correct.

SD Realtor