California Realtors Introduce New Purchase Contract

On April 28, 2010 the California Association of Realtors® (CAR) will release its newest version of the Residential Purchase Agreement (RPA). The RPA has no "official" status in California, but it is unquestionably the most widely used contract in residential real estate transactions throughout the state. It is used by non-Realtor® agents as well as by those who are CAR members.

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