Buyer’s Reply to Inspections/Reports or Written Corrective Proposal
Form BRI
About the Buyer’s Reply to Inspections/Reports or Written Corrective Proposal
The Standard Agreement for the Sale of Real Estate contains an inspection contingency paragraph which permits a buyer to renegotiate or even terminate the agreement based on the results of certain inspections. The Buyer’s Reply to Inspections/Report or Written Corrective Proposal (Form BRI) is used to notify the seller of the buyer’s choice to accept the property or renegotiate the agreement.
Latest Content
-
Better Questions = Better Answers
- August 30, 2024
- 8 min. read
If buyer agents ask clearer, more direct and targeted questions, listing agents should be able to give clearer, more direct and targeted answers.
-
NAR Settlement Implementation: All* Your Questions** Answered***
- August 16, 2024
- 8 min. read
The PAR Legal Hotline has seen our call volume ramp up over the past few weeks as the new forms and MLS rules changes have been implemented. Just in these first few weeks, we’ve seen some clear trends in your questions and concerns.
-
PAR Standard Forms Release – Improving Your Transition Game
- August 1, 2024
- 8 min. read
Today is the day that PAR’s amended forms are released. We have detailed information about the forms content and usage on the PAR resource page as you need it, so today’s column focuses on the transition period that will be going on through August.
