I have been requested to suggest a Form of document which would be sufficient for a Brokerage to hold instead of a copy of the actual Offer. This is in lieu of filling out a Form 801.
OFFER SUMMARY DOCUMENT
1. The name and signature of the person who made the offer to purchase the real estate.
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2. The name and contact information of the seller of the real estate.
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3. The name of the brokerage and of the broker or salesperson who acted for the seller.
________________________________________________________________
4. The name of the brokerage and of the broker or salesperson who acted for the person who made the offer.
________________________________________________________________
5. The address, legal description or other identifier of the real estate on which the offer was made.
________________________________________________________________
6. The date and time the offer was made.
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7. The date and time the offer was received by the brokerage for the purposes of presenting it to the seller, and the means by which the offer was received, such as in person or by fax.
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8. If the brokerage presented the offer to the seller, the date of presentation.
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9. The date and time, if any, until which the offer was irrevocable.
________________________________________________________________
That’s the entire document. Nothing else. We don’t provide any other information just simply answer those nine (9) exact questions.
Brian Madigan LL.B., Broker