From Byron King: SCR390 Good for Adding Names and Signatures to Any SCR Form

//From Byron King: SCR390 Good for Adding Names and Signatures to Any SCR Form

From Byron King: SCR390 Good for Adding Names and Signatures to Any SCR Form

Occasionally, you need extra space on a listing agreement or contract when there are quite a few sellers and or buyers.

SCR390 is the Swiss Army knife of the SCR forms library.

Almost anytime you need extra space for lawyer drafted language that is not in the form or SCR391 additional clauses addendum, SCR390 is your best form.

SCR390 is that general addendum with all the blank lines and signature lines.

In the blank of page one on listing agreements (SCR210, SCR220) or the residential sales agreement (SCR310, SCR300), you can write "See attached SCR390 Addendum" in the space for sellers or buyers. You can also list SCR390 in the addendum section of the base form.

Then, on SCR390 you can list all the sellers or all the buyers.

SCR390 also provides additional signature lines.

SCR residential forms are designed for the typical transaction with one or two buyers or sellers.

SCR forms always have flexibility. SCR390 is your most flexible form and can be attached to any SCR forms as an addendum.

SCR310 and SCR300 the base residential forms contain a lot of space for names on page one and the signature page can handle 8 parties with 6 additional lines that could be used in a pinch.

SCR390 has 9 blank lines for additional text or lawyer drafted phrases/sentences or contingencies not already choices on SCR391. REALTORS® should always call the hotline when writing phrases or sentences into SCR forms (or call their lawyers).

SCR390 has 8 signature lines.

Keep SCR390 in mind for almost any issues that you encounter in your real estate practice.
Posted by: Byron King on 12/20/18 (This information is only accurate as of 12/20/18. You must contact SCR for updates and changes to this information after 12/20/18 as laws and regulations may change over time. SCR 803-772-5206 or email info at screaltors.org)

By |2018-12-20T10:28:38+00:00December 20th, 2018|Legal FAQs|0 Comments

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