Legal Forms Changes Effective March 1
Gwen Walters
The following forms changes are effective immediately:
- Revised Form #2109, Broker Compensation Rider - was updated to add “#__” and “Initiated By: [ ] Seller or [ ] Buyer” in the heading section.
- Revised Form #2164, Sale Contract Counteroffer - was updated to add a new checkbox #6 as follows:
- [ ] The attached Broker Compensation Rider (Form #2109) #_______ supersedes any and all prior Broker Compensation Riders and shall determine the amount of compensation that Sellers agree to pay Selling Broker on this transaction.
- Form #2109, Broker Compensation Rider, dated 10/24, and Form #2164, Sale Contract Counteroffer, dated 1/20, will be retired as of March 1, 2025.
The sample documents and the March 2025 Valid Forms Guide can be found here.
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