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Georgia Real Estate ContractGeorgia Real Estate Contract refers to a standardized contract in various forms, and also includes the contracts, and other forms published by Georgia Association of Realtors. The GAR contract forms forms may be used by real estate brokers, attorneys, investors or buyers and sellers of real estate. The forms have many commonly used provisions in standard real estate contracts, such as clauses for financing contingencies, property inspection, evidence of title and closing procedures. The GAR Georgia Real Estate Forms are well-known among real estate professionals. Standardized Georgia Real Estate ContractUsing a standardized Georgia Real Estate Contract form, such as the GAR Contract forms greatly simplifies preparation of the Georgia real estate purchase and sale agreement by making it easy to read and review by people who are familiar with the standard provisions. The person preparing the contract may simply fill in the blanks. If one or more non-standard clauses are needed for a particular transaction, the preparer may attach an addendum containing custom clauses. Also, there are standardized addenda available to cover some common situations. For example, a condominium addendum may provide disclosures required for the purchase of a condominium. A lead-based paint addendum may be used to disclose knowledge of lead-based paint in a property. The Georgia Real Estate Contract may be utilized by the general public (you are not required to be a member, attorney or a realtor). |
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