Use of an "As Is" Clause. The C.A.R. purchase agreements have included the words "as is." Though the C.A.R. purchase agreements had never obligated sellers to make or pay for repairs, the "as is" clause was added at the request of anxious sellers and agents. However, the effect of an "as is" provision is in fact quite limited. This Q&A aims to clarify the actual significance and advantages of the "as is" provision, and explain its use within the C.A.R. purchase agreements. 

C.A.R. Interboard Arbitration. Most arbitrations between REALTORS® involve commission disputes and are conducted by local associations. Occasionally, disputes arise between REALTORS® who belong to different associations. Such arbitrations are referred to as "Interboard Arbitration." To avoid creating an appearance of bias, C.A.R. processes Interboard Arbitrations as opposed to local association where one of the REALTORS® holds membership. This Q&A is intended to respond to the most commonly asked questions regarding the C.A.R. Interboard Arbitration process.

RPA Timeline of Events. When a buyer and seller enter into a contract for the sale of property using the C.A.R. Residential Purchase Agreement (Form RPA), they agree to take certain actions and to do so within certain times. This chart identifies various contractual events in the timeline of a transaction pursuant to the C.A.R. RPA per the default provisions in the contract.

Liquidated Damages and Deposit Disputes. When a buyer breaches a purchase agreement, a seller may be entitled to damages. How much will typically depend on whether the liquidated damages provision was initialed and thereby made part of the contract. If it was, then the seller will likely be entitled to the amount of the deposit. If not, then the seller will have to prove their losses. Twenty questions have been added to this revised Q&A.