Changes to a number of residential, commercial, property management and auction forms in the NC REALTORS® forms library will take effect July 1. A list of the forms that changed and a detailed summary of those changes are now available via the links below.

• Summary of Forms Changes – Residential
• Summary of Forms Changes – Commercial
• Summary of Forms Changes – Property Management
• Summary of Forms Changes – Auction

Have questions about these changes? Ask our lawyer directly! Chat with John Wait, general counsel, on Monday, July 8 at 1 pm in the NC REALTORS® Mobile Mondays Facebook Group. Join the group.

For a more detailed explanation of the form changes, NC REALTORS® General Counsel John Wait has created a series of informative videos. These videos cover some of the updated forms and explain the changes in detail. You can watch the full playlist here.

The playlist includes videos for the following forms:

• Form 101 (Exclusive Right to Sell Listing Agreement)
• Form 201 Part 1 (Exclusive Buyer Agency Agreement)
• Form 201 Part 2 (Exclusive Buyer Agency Agreement)
• Form 203 (Non-Exclusive Buyer Agency Agreement)
• Form 220 (Cooperating Compensation Agreement)
• Form 770 (Disclosure of Compensation)

Additional information is available in The Road to the Perfect Contract class. Choose a date to take this virtual 4-hour CE class with instructor Patrice Willetts:

August 8, 9 AM – 1 PM – Register here
October 8, 9 AM – 1PM – Register here