THE COST TO CLOSE
NAVIGATING FORMS WITH MARYLAND ASSOCIATION OF REALTORS
These are common scenarios and forms that real estate professionals may overlook in sale transactions. Click on the icons below to access the listing checklist for your specific location, along with additional forms that may be required throughout your transaction.
To view Maryland-specific forms, log in to your account on the Maryland Association of Realtors (MAR) Forms portal.
Disclaimer: This list is intended as a reference tool. For a comprehensive understanding of each form and its proper use, consult your broker of record to ensure compliance and best practices when assisting your client(s).
CHECKLIST FOR LISTINGS AND OFFERS
PREVIEW FORMS BEFORE YOU NEED TO USE THEM
| TIME IN TRANSACTION | DESCRIPTION | FORM/LINK TO SAMPLE |
|---|---|---|
| LISTING | Discloses the seller's financial condition in the listing agreement.t | Financial Condition of Property Disclosure Addendum |
| LISTING | Clarifies which items are included or excluded in the sale. | Disclosure of Inclusions/Exclusions, Leased Items and Utilities Addendum |
| LISTING | Required if built 1978 or older (Lead Based Paint) | Disclosure of Information on Lead Based Paint and/or Lead Based Paint Hazards |
| LISTING | Required if built 1978 or older (Maryland) | Maryland Lead Poisoning Prevention Program Disclosure |
| LISTING | Disclosure (states the property condition statement) | Maryland Residential Property Disclosure and Disclaimer Statement |
| LISTING | Disclaimer (no representations about the property condition) | Maryland Residential Property Disclosure and Disclaimer Statement |
| LISTING | Front Foot Benefit | Notice and Disclosure of Deferred Water and Sewer Charges |
| SHOWING FSBO | Seller authorizes broker to show and agrees to broker compensation. | Authorization to Show and Pay Buyer Broker |
| OFFER | Property is sold as-is; no repairs will be made. Buyer accepts it in its current condition. | As-Is Addendum |
| OFFER | Buyer agrees to increase offer based on competing bids, up to a set limit. | Purchase Price Escalation Addendum |
| OFFER | Buyer has a real estate licensee and disclosure is needed | Disclosure of Licensee Status |
| OFFER | Seller has a real estate licensee and disclosure is needed | Disclosure of Licensee Status |
| OFFER | Assumption Sale – Buyer takes over the seller’s existing mortgage with lender approval. | Assumption Addendum |
| OFFER | Buyer acknowledges the risks of purchasing the home without seeing it in person. | Buyer Hold Harmless Agreement |
| OFFER | Earnest Money Deposit held by a third party—details escrow arrangements. | Escrow Agreement Between Buyer, Seller and Escrow Agent |
| OFFER | Buyer requests seller to contribute to broker compensation. | Buyer Request for Seller's Compensation of Buyer's Broker Addendum |
| OFFER | Buyer must sell or lease their current property, subject to specific conditions. | Buyer's Sale, Financing, Settlement, of Lease of Other Real Estate Addendum |
| UNDER CONTRACT | Amendment to buyer agency agreement—updates compensation terms only, all other conditions remain unchanged. | Buyer-Tenant Brokerage Agreement Amendment |
| UNDER CONTRACT | Amendment to update sale price, closing date, financing terms, seller contribution, or other contract terms. | Change in Terms Addendum |
| UNDER CONTRACT | Amendment to brokerage agreement—updates terms such as listing price, lease price, or extension. | Change in Terms Addendum to Brokerage Agreement |
| OFFER ACCEPTANCE | Seller reserves the right to accept a better offer—buyer may be subject to a "kickout" clause. | Kickout Addendum |
| OPEN HOUSE | Open House – A required disclaimer must be printed in color and displayed. | Maryland Open House Disclaimer |
| TERMINATION | Earnest Money Deposit release—authorizes fund disbursement after contract termination. | Release of Deposit Agreement |
| TERMINATION | Buyer or seller terminates contract based on a contingency clause. | Unilateral Notice of Termination Under Contract of Sale |
| TERMINATION | Mutual termination agreement—both parties agree to cancel the contract. | Mutual Release of Obligation Under Contract of Sale |
Maryland Association of Realtor Forms
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