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Louisiana REALTORS • February 9, 2021
Comment on the Residential Agreement to Buy or Sell & Residential Property Disclosure
Louisiana REALTORS® and the Louisiana Real Estate Commission (LREC) will once again convene a joint workgroup to review the Residential Agreement to Buy or Sell and the Residential Property Disclosure documents. Consisting of REALTORS® who are active in the industry, title attorneys, and educators, this group meets every other year to discuss these forms. The comment and feedback period is now open for brokers and agents to submit any revisions and updates they would like to see discussed. The deadline to submit comments is May 1, 2021.
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By: Eric Landry, Breazeale Sachse & Wilson, L.L.P. Louisiana REALTORS® Legal Counsel Below are highlights of the changes to mandatory forms effective January 1, 2026. Louisiana Residential Agreement to Buy or Sell: Specific Changes Overall, several changes were made to re-order the agreement in an effort to have the agreement more closely track the sequence of events in a typical transaction. This resulted in relocation of several sections and corresponding changes to line number references in various places throughout the agreement.
