Form FAAA, Fair Appraisal Act Addendum

Forms are hard copy only and not provided digitally. All sales on single forms are final.

Pursuant to AB 948, Section 1102.6g (a) of the Civil Code requires the paragraph below be added to the purchase agreement, after July 1, 2022, in at least 8- point type. Rather than change the pages on the just revised RPA, and other purchase agreements, a new paragraph is being added to the Appraisal paragraph (8B(3) in the RPA) referring to the newly created FAAA form. The only exception is that since the NCPA does not have an appraisal contingency, the new language referring to the addendum was instead
added to paragraph 4U in the grid in that form. The FAAA form, will be bundled with all the applicable purchase agreements

Revised June 2022

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