In this quick 1-hour class, Susan Barnette will go over all the new TAR Form changes starting on July 1, 2024. 

This legislation takes effect July 1, 2024 and amends the definition of “sinkhole”, with the result that sellers are now required to disclose known sinkholes regardless of whether the sinkhole is indicated through the contour lines on the property’s plat map. 

As a result of this statutory change, the following forms have been amended:

RF201, RF203, RF204 and RF205

The amended forms will have a publication date of 7/1/2024 and have been sent to all approved forms vendors with Tennessee REALTORS®:  Transaction Desk, ZipForms, BrokerMint, Glide, Redfin, and Docusign.  If you use these vendors, the forms will automatically appear in your library on July 1, 2024.  If you are using a vendor with whom Tennessee REALTORS® does not have a licensing agreement, such as DotLoop, it will be your responsibility to make sure you upload the latest version of the form for use in all transactions after July 1, 2024.

You must register to attend this class. Registration closes 1 hour before each class starts. 

By registering for this class, you have agreed to the following: you must professionally conduct yourself and follow all of NAR, NETAR, and the TREC rules for virtual learning. If you cannot follow these rules, you will be asked to leave the class or reschedule and NOT receive CE hours for the class. You can find all of TREC’s rules online at https://netar.us/virtual-class-tips/#TRECRULES.

Class Cost:

• NETAR Member – No Charge

• Non Member – $10

Course#7901

Provider#1397

             

NETAR’s COMMITMENT TO ANTITRUST COMPLIANCE

The Northeast Tennessee Association of REALTORS® is a not-for-profit trade association devoted to improving the business conditions of the real estate industry. NETAR meetings and events often include real estate professionals and other industry stakeholders who compete with each other or work for competing businesses. NETAR is committed to conducting all meetings and events in a professional, ethical, and lawful manner, including in adherence to all antitrust laws. To that end, the topics for this meeting will focus on advancing the interests of real estate professionals and consumers of real estate services, increasing competition, reducing risk for all parties involved in real estate transactions, and sharing insights on business best practices. The following discussion topics are always prohibited: agreements to fix prices, limit product or service offerings, allocate geographical territory or customers, and refuse to deal. Any discussion inconsistent with this policy will not be tolerated.