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Provide Your Input on the Residential Agreement to Buy or Sell & Residential Property Disclosure Forms
Louisiana REALTORS • January 18, 2023
Provide Your Input on Mandatory LREC Forms
Louisiana REALTORS® and the Louisiana Real Estate Commission (LREC) will once again convene a joint workgroup to review the Residential Agreement to Buy or Sell and the Residential Property Disclosure forms. The Joint Louisiana Real Estate Commission and Louisiana REALTORS® Forms Workgroup consists of REALTORS® and real estate licensees who are active in the industry, title attorneys, and educators and meets every other year to discuss any necessary changes for these forms. Brokers and agents can submit their feedback about these documents by filling out the form below and responses will be provided to the Joint Workgroup to review when it meets this spring.
The deadline to submit comments is May 1, 2023.
Complete Form to Submit Your Feedback & Input
As previewed last week, NAR is pleased to share the latest consumer guide focused on homeowners associations (HOAs). This guide covers the basics of what prospective buyers need to know, including who runs HOAs, how monthly fees are applied, rules HOAs enforce, and the pros and cons of living in an HOA community. For additional information, we encourage you to check out this REALTOR® Magazine article on the nuances of how homeowners associations can affect real estate transactions. As a reminder, all guides in this series are available for download—in both English and Spanish—on facts.realtor . Please allow a few days for the Spanish version of the latest resource to be translated and uploaded. For ease of reference, below is a list of the most recent guides: NEW: Homeowners Associations Marketing Your Home Seller Disclosures Property Taxes Preparing for Homeownership Thank you for your continued engagement with the “Consumer Guide” series and for sharing the resources with prospective clients to ensure they have the information they need to find success in their homebuying or selling journey. Remember that these guides are for informational purposes only and are not meant to enact or change any existing NAR policy. Be on the lookout for next week’s guide on Wednesday, which will cover navigating multiple offers.
Discover how REALTORS® play a key role in legislative advocacy, ensuring that real estate rules and regulations protect brokers, clients, and the market. Learn about the benefits and opportunities they provide.
As previewed last week, NAR is pleased to share the latest consumer guide focused on marketing a home. This guide covers several methods for sellers to consider, including setting up showings, hosting open houses, and maximizing the visual appeal of a home through staging and/or cosmetic updates. As a reminder, all guides in this series are available for download—in both English and Spanish—on facts.realtor . Please allow a few days for the Spanish version of the latest resource to be translated and uploaded. For ease of reference, below is a list of the most recent guides: NEW: Marketing Your Home Seller Disclosures Property Taxes Preparing for Homeownership Escrow and Earnest Money Thank you for your continued engagement with the “Consumer Guide” series and for sharing the resources with prospective clients to ensure they have the information they need to find success in their homebuying or selling journey. Remember that these guides are for informational purposes only and are not meant to enact or change any existing NAR policy. Be on the lookout for next week’s guide on Wednesday, which will cover homeowners associations.
821 Main StreetBaton Rouge, LA 70802
821 Main Street
Baton Rouge, LA 70802