New and Revised CAR Forms Coming December 2019

The CAR forms are standard real estate transaction documents created by the California Association of Realtors (“CAR”).

These forms are constantly updated to reflect all recent California laws and rules. The Standard Forms Advisory Committee (SFAC) will release 4 new and several revised forms this December. Below is a summary of the recently created or modified CAR forms.

NEW FORMS

  1. Rent Control and Just Cause Addendum (RCJC)
    This addendum should be used with any residential lease agreement for leases or lease modifications entered into on or after January 1, 2020. It notifies tenants of the newly enacted statewide rent control and just cause eviction restrictions and exemptions. For more information on this topic, please refer to Consigliere: Statewide Rent Control Passed by California Legislature.
  2. California Consumer Privacy Act Advisory (CCPA)
    The advisory should be used with any listing agreement or purchase agreement. It explains consumer rights under the newly enacted California Consumer Privacy Act.
  3. Notice Regarding Background Investigation Pursuant to California Law (BIRN)

This notice is to be used in conjunction with an application to lease or rent. This satisfies California law that (i) requires consumers be notified if a creditor such as a landlord will obtain certain investigative reports about the consumer, and (ii) consumers be notified about the right to review such reports.

  1. Seller Vacant Land Advisory (SVLA)

This advisory explains to sellers the disclosure obligations during a vacant land transaction.

 

REVISED FORMS

  1. Notice of Change in Terms of Tenancy (CTT); Extension of Lease (EL); Interim Occupancy Agreement (IOA); Residential Lease or Month-to-Month Rental Agreement (LR); Notice to Quit (NTQ); Notice of Termination of Tenancy (NTT); Notice to Perform Covenant (Cure) or Quit (PCQ); Notice to Pay Rent or Quit (PRQ); Residential Lease After Sale (RLAS)
    These rental forms are updated to include new rent cap and just cause eviction information to reflect and comply with the requirement under the new CA rent control law.
  2. Application to Rent/Screening Fee (LRA); Denial of Rental Application (DRA)
    To reflect the newly changed rental screening law, the LRA is amended to state that felony history information is limited to 7 years and criminal history information should not be considered until after other factors have been reviewed. Additional language is added by which applicant authorizes landlord to obtain an investigative consumer report in addition to credit check and the receipt of BIRN form explaining that applicants have the right to review and obtain such reports free of charge. DRA is amended to address the investigative consumer reports.
  1. Residential Listing Agreement Exclusive (RLA); Residential Listing Agreement Open (RLAN); Residential Listing Agreement Seller Reserved (RLASR)
    The listing agreements are amended with language notifying seller that broker and agents may contract with third party vendors to take photographs and videos for the marketing of the property and the vendors may own the use.
  2. Seller Instruction to Exclude Listing from the Multiple Listing Service (SELM)
    This form adds a paragraph for information on the distinction between Days on Market and Days on MLS. Further, sellers are provided several specific opt-out options.

 

Additional information can be found on the CAR website.

Posted on November 27, 2019 at 12:35 am
Intero | Category: Pivot

Comments are closed.