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New WB-11 and WB 14 Offer

  As of July 23rd, the DSPS has posted the new WB 11 Residential Offer to Purchase and WB 14 Residential Condominium Offer to Purchase in a watermarked/education version. The optional use date will be August 1, 2020 and mandatory use September 1, 2020. Click here for the forms. In WRA publications and education materials we are calling the WB-11 the "Take 2" given it is the second WB 11 released in 2020. The WRA legal team has taped legal talks to address the changes in each of the forms. Zipform will be updated as well. In addition, the WRA is updating the RECR and the VLDR to reflect anticipated legislation and changes to the above forms.
The recently updated RANW Addendum to the WB-41 Notice has now been included on ZipForms.

FROM WRA: A Correction to the WB-14 New Condo Offer
Please note there was a late correction made to the WB-14 Residential Condominium Offer to Purchase. Specifically, line 152 in the optional Contingency for Additional Condominium Information has been corrected. Previously it said: The Condominium Association's financial statements for the 2 two years. Now it says: The Condominium Association's financial statements for the last 2 years. The WRA is making this correction in the WB-14 in zipForm and the forms subscription packet. Please check the form your office is using and make sure the corrected version will be used.
Download the PDF HERE.

 

 

 

 


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