Guide to SCR310 and SCR300:

Section 1: Write in the names of the parties and buyer’s law firm info.

Section 2: Write in the purchase price in numbers and words. Checkbox appropriate boxes.

Section 3: Write in address and property info as solicited by the form. Write in personal property including make/model/serial number that will convey.

Section 4: Write in closing date and auto extension number and desired name for deed.

Section 5: Write in the amount of earnest money and delivery timetable and the amount the escrow agent requires to file an interpleader lawsuit.

Section 6: Write in the amount of buyer’s transaction costs that seller will pay. Checkbox as appropriate who will pay transfer fees. Write in any unusual HOA or local government or subdivision payments and who will pay.

Section 7: Checkbox financing contingent or not. Write in loan terms desired (e.g. term, LTV min, LTV max, when apply for loan, when provide loan docs to seller, checkboxes as appropriate).

Section 8: Choose repair procedure by filling in blanks or attach SCR311 due diligence addendum and notate SCR310’s section 28 that SCR 311 is attached. Repair procedure, write in the number of business days for the buyer to inspect and seller to respond.

Section 9: Checkbox only if utilities are disconnected.

Section 10: Checkbox appraisal contingent or not contingent.

Section 11: Checkbox CL100 contingent or not contingent. If contingent then checkbox, who orders CL100, who pays for CL100, who delivers CL100 to closing attorney, and when CL100 is due.

Section 12 and 13: No action required.

Section 14: Write in who orders home warranty and seller pays what amount for the home warranty, if any.

Section 15: No action required.

Section 16: Checkbox if there will be a seller disclosure or not. SCR recommends using seller disclosure are a risk management strategy.

Sections 17 and 18: No action required.

Section 19: Checkbox about earnest money interest earned.

Section 20 and 21 and 22 and 23 and 24 and 25 and 26 and 27: No action required.

Section 28: Describe attachments.

Section 29 and 30: No action required.

Section 31: Write in the offer and/or counter-offer expiration.

Signature section: Parties sign/date/time. Witnesses can sign/date/time. E-signature does not require witness as the email is the security.
Write in Notice Address/email/fax: typically the rep’s address/email/fax.

Page 8: At offer, talk to the other rep and fill in escrow agent info (if law firm, SCR recommends the lawyer and parties sign an escrow agreement), licensee info, contact info, notice info, checkbox client/customer/transactional brokerage info.

Parties initial pages 1, 2, 3, 4, 5, 6, 7, and 8.

Parties initial/date all changes.

Posted by : Byron King on 5/7/18 (This information is only accurate as of 5/7/18. You must contact SCR for updates and changes to this information after 5/7/18 as laws and regulations may change over time. SCR 803-772-5206 or email info at screaltors.org)