July 1, 2023 Forms and Legal Updates
On July 1, 2023, several new and revised forms are available in the CVR MLS forms library. The majority of the changes to the revised forms were necessitated by the new Residential Resale Disclosure Act (RRDA). Forms ReVISION Guide Effective July 1, 2023, this new act replaces the Property Owners Association (POA) and the Condominium Owners Association (COA) Acts. The new RRDA consolidates the majority of the provisions of the POA and COA acts, but there are some key differences licensees need to be aware of: I. The following terms have been removed from the act: Property Owners [...]