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Reminder to use the BLC® Listing Service Library in ZipForms

Industry Insider is a publication distributed by MIBOR every other Friday to Managing Brokers. 


Reminder to use the BLC® Listing Service Library in ZipForms
As you are aware, the real estate forms produced by the Indiana Association of REALTORS® were revised and released in early January.

It is important to note that there is a special library in ZipForms of BLC® listing service forms where all references to “MLS” have been replaced with BLC® listing service language.  This library contains the most frequently used forms such as the Listing Contract and Purchase Agreement, among others.  Please be sure to check the BLC® listing service library first when accessing forms for a transaction.

There were a number of revisions to the forms.  For a summary of these changes, please click here.

For more information, contact Debbie Fairfax or call (317) 956-5241.

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  Congress Passes Terrorism Insurance Legislation  
  Last week, the National Association of REALTORS® (NAR) announced the six-year reauthorization of the federal terrorism risk insurance program and passage of the Terrorism Risk Insurance Act. NAR applauded the action saying, “TRIA provides a crucial framework for economic recovery in the wake of a catastrophic terrorist attack and allows the U.S. to maintain a stable terrorism insurance market so employers can invest in properties, create jobs and insure against losses due to a terrorist attack. Without TRIA, many property owners with existing commercial mortgage balances that require terrorism insurance would be in technical default of their mortgage terms.” To read more, click here.  
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2015 Metropolitan Indianapolis Board of REALTORS®
1912 N. Meridian St., Indianapolis, IN 46202
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