Important Forms Changes Effective July 1

The following forms changes are effective on July 1, 2025:

The Residential Rental Listing Contract (#2048) and the Residential Lease (#2118) were revised to align more closely with the language used in the listing and sale contracts, particularly regarding broker compensation. To support these updates and ensure consistency, a new form, Broker Compensation Rider—Residential Lease (#2109a), was also created.

The new Appraisal Notice form (#2130) was created to provide a standardized process for addressing appraisal gaps when the appraised value is less than the purchase price.

Lastly, a universal change in terminology replaces “selling broker” with “Buyer’s broker” through the library of contracts and forms. This term is more commonly used in real estate license law, and MARIS implemented a similar change recently, as a result of changes being driven by the Real Estate Standards Organization (RESO) dictionary.

These changes are effective July 1, 2025, and the previous versions of each revised form will expire December 31, 2025.

New

• Form #2109a (Broker Compensation Rider – Residential Lease)
• Form #2130 (Appraisal Notice Form)

Revised

• Form #2048 (Residential Rental Listing Contract)
• Form #2118 (Residential Lease)

A universal change in terminology from “selling broker” to “Buyer’s broker” affected 26 forms, as listed below:

• Form #2043 (Special Sale Contract)
• Form #2045 (Notification Regarding Contingency for Sale & Closing of Buyer’s Property)
• Form #2046 (Appraisal Rider)
• Form #2047 (Listing Contract (Limited Agency))
• Form #2049 (Disclosure of Information and Acknowledgement of Lead-Based Paint &/or Lead-Based Paint Hazards)
• Form #2059 (Condominiums, Villas or Similar Lifestyle Communities)
• Form #2089 (Amendment to The Sale Contract)
• Form #2090 (Residential Sale Contract)
• Form #2092 (Contingency For Sale and Closing Of Buyer’s Property)
• Form #2096 (Rental Property Rider)
• Form #2096a (Rental Property Verification)
• Form #2098 (Deposit Addendum)
• Form #2105 (Contingency on Buyer’s Assumption of Existing Note & Deed of Trust)
• Form #2107 (Commission Agreement)
• Form #2109 (Broker Compensation Rider)
• Form #2118 (Residential Lease)
• Form #2120 (Back-Up Contract Rider)
• Form #2126 (Condominium Supplement to Listing Contract)
• Form #2135fha (FHA Loan Provision Rider)
• Form #2158 (Mutual Release)
• Form #2161 (Relationship Disclosure Addendum To Residential Lease)
• Form #2162 (Relationship Disclosure Addendum to Purchase Agreement)
• Form #2164 (Sale Contract Counteroffer)
• Form #2169 (Transaction Brokerage Listing Contract)
• Form #2176 (Short Sale Rider to the Sale Contract)
• Form #2184 (Special Sale Inspection Rider)

The sample documents and the July 2025 Valid Forms Guide can be found here.

This information is also available on our website for future reference.

Watch the class schedule for an upcoming Forms class to learn about these changes.