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The BOS Abs form plays a crucial role in various legal and administrative processes, particularly in the context of business operations and compliance. This form is designed to collect essential information related to business transactions and ownership structures. By ensuring that accurate information is submitted, organizations can maintain transparency and meet regulatory obligations. Key areas addressed in the form include details about the business entity, ownership rights, and any applicable financial data that may impact reporting. Completing the BOS Abs form accurately not only assists in avoiding legal complications but also fosters trust between stakeholders. Whether you're a business owner or a compliance officer, understanding the components and purposes of this form can significantly benefit your operations.

BOS Abs Example

LOUISIANA RESIDENTIAL AGREEMENT TO BUY OR SELL

__________________________________________

 

 

__________________________________________

 

Listing Firm

 

 

 

Selling Firm

 

 

 

 

 

 

 

 

 

 

 

 

__________________________________________

 

__________________________________________

 

Seller’s Designated Agent Name & License Number

 

Dual Agent

Buyer’s Designated Agent Name & License Number

 

 

 

 

 

 

 

 

 

__________________________________________

 

 

__________________________________________

 

Brokerage Name & License Number

 

 

 

Brokerage Name & License Number

 

 

 

 

 

 

 

 

 

 

 

__________________________________________

 

 

____________

__

_______________

_

____________

 

Phone Number

Office

Fax

 

Phone Number

 

Office

 

Fax

 

 

 

 

__________________________________________

 

 

__________________________________________

 

Email Address

 

 

 

 

Email Address

 

 

 

 

 

___________________________________________________________________________________________________

Delivered by Designated Agent toDay Date Time AM/PM

___________________________________________________________________________________________________

Comments

___________________________________________________________________________________________________

Received by Designated Agent

Day

Date

Time

AM/PM

1

2

3Date: _________________________________

5PROPERTY DESCRIPTION: I/We offer and agree to Buy/Sell the property at:

6(Municipal Address) __________________________________________________________________________

7City ______________________________; Zip _______________; Parish ______________________; Louisiana,

8(Legal Description)___________________________________________________________________________

9__________________________________on lands and grounds measuring approximately __________________

10or as per record title; including all buildings, structures, component parts, and all installed, built-in, permanently

11attached improvements, together with all fences, security systems, all installed speakers or installed sound

12systems, all landscaping, all outside TV antennas, all satellite dishes, all installed and/or built-in appliances, all

13ceiling fans, all air conditioning or heating systems including window units, all bathroom mirrors, all window

14coverings, blinds and associated hardware, all shutters, all flooring, all carpeting, all cabinet tops, all cabinet

15knobs or handles, all doors, all door knobs or handles, all windows, all roofing, all electrical systems, and all

16installed lighting fixtures, chandeliers and associated hardware, other constructions permanently attached to the

17ground. If owned by the SELLER prior to date of this Agreement, standing timber, unharvested crops and

18ungathered fruits of trees on the property shall be conveyed to the BUYER. The following movable items here

19remain with the property, but are not to be considered as part of the Sale Price and have no value: __________

20__________________________________________________________________________________________

21__________________________________________________________________________________________

22__________________________________________________________________________________________.

23All items listed herein are included in the property sold no matter how they are attached or installed, provided that

24 any or all of these items are in place at the time of signing of this Agreement to Buy or Sell (the

25“Agreement”),unless otherwise stated herein. (All of the above contained in lines 5 through 22 are collectively

26 referred to herein as the “Property.”) The following items are excluded from the Property sold:

27__________________________________________________________________________________________

28__________________________________________________________________________________________.

BUYER’S Initials _____ _____

Page 1 of 9

SELLER’S Initials _____ _____

ABS Rev. 01/01/19

__________________________________________________________________________________________

Property address, street, city, state, zip

Date

29MINERAL RIGHTS: If the SELLER transfers any mineral rights, they are to be transferred without warranty.

30________% mineral rights owned by the SELLER are to be reserved by the SELLER and the SELLER shall waive

31any right to use the surface for any such reserved mineral activity or use.

32

33PRICE: The Property will be sold and purchased subject to title and zoning restrictions, servitudes of record, and

34law or ordinances affecting the Property for the sum of ______________________________________________

35________________________________________________Dollars ($___________________) (the “Sale Price”).

37ACT OF SALE: The Act of Sale is to be executed before a settlement agent or Notary Public to be chosen by the

38BUYER, on _________________________, 20_____, or before if mutually agreed upon. Any change of the date

39for execution of the Act of Sale must be mutually agreed upon in writing and signed by the SELLER and the

40BUYER. At closing, the BUYER must provide "good funds" as required by Louisiana statute LA R.S. 22:22.512 et

41seq.

43OCCUPANCY: Occupancy/possession and transfer of keys/access is to be granted at Act of Sale unless mutually

44agreed upon in writing.

46CONTINGENCY FOR SALE OF BUYER’S OTHER PROPERTY:

47This sale is contingent on the sale of other property by the BUYER and the contingency language found

48either in lines 302-307 or the attached addendum shall apply.

49This sale is not contingent upon the sale of other property by the BUYER nor is the loan needed by the

50BUYER to obtain the Sale Price contingent on the BUYER’S sale of any property.

51

52FINANCING:

53ALL CASH SALE: The BUYER warrants the BUYER has cash readily available to close the sale of this

54Property.

55FINANCED SALE: This sale is conditioned upon the ability of BUYER to borrow with this Property as

56security

57for the loan the sum of $__________________________________________________ or _____% of the Sale

58Price by a mortgage loan or loans at an initial interest rate not to exceed _____% per annum, interest and

59principal, amortized over a period of not less than _____ years, payable in monthly installments or on any other

60terms as may be acceptable to the BUYER provided that these terms do not increase the cost, fees or expenses

61to the SELLER. The loan shall be secured by (Check all that apply):

62

Fixed Rate Mortgage

FHA Insured Mortgage

63

Adjustable Rate Mortgage

Owner Financing

64

Rural Development

Bond Financing

65

VA Guaranteed Mortgage

Conventional Mortgage

66Other _____________________________________

68The BUYER agrees to pay discount points not to exceed _____% of the loan amount.

69Other financing conditions: ____________________________________________________________________

70__________________________________________________________________________________________

72The BUYER acknowledges and warrants that the BUYER has available the funds which may be required to

73complete the sale of the Property including, but not limited to, the deposit, the down payment, closing costs, pre-

74paid items, and other expenses. If this sale is a Financed Sale, BUYER acknowledges that any terms and

75conditions imposed by BUYER’S lender(s) or by Consumer Financial Protection Bureau Requirements shall not

BUYER’S Initials _____ _____

Page 2 of 9

SELLER’S Initials _____ _____

ABS Rev. 01/01/19

__________________________________________________________________________________________

Property address, street, city, state, zip

Date

76affect or extend the BUYER’S obligation to execute the Act of Sale or otherwise affect any terms or conditions of

77this Agreement except as otherwise set forth herein. The BUYER shall supply the SELLER written documentation

78from a lender that a loan application has been made and the BUYER has given written authorization to lender to

79proceed with the loan approval process within (____) calendar days after the date of acceptance of this offer by

80both parties. If the BUYER fails to make loan application, and to supply SELLER with written documentation of

81that application and BUYER’S written authorization for lender to proceed with loan process within this period, the

82SELLER may, at the SELLER’S option, elect, in writing, to terminate the Agreement and declare the Agreement

83null and void, by giving the BUYER written notice of the SELLER’S termination. In the event the BUYER is not

84able to secure financing, the SELLER reserves the right to provide all or part of mortgage loan(s) under the terms

85set forth above.

86

87PRORATIONS/OTHER COSTS: Real estate taxes, flood insurance premium if assumed, rents, condominium

88dues, assessments, and/or other dues owed to homeowners associations and the like for the current year are to

89be prorated through the date of the Act of Sale. Act of Sale costs, abstracting costs, title search, title insurance

90and other costs required to obtain financing, shall be paid by the BUYER, unless otherwise stated herein. All

91necessary tax, mortgage, conveyance, release certificates or cancellations and the SELLER closing fees, if any,

92shall be paid by the SELLER. The SELLER shall pay all previous years’ taxes, assessments, condominium dues,

93and/or dues owed to homeowners associations and the like. All special assessments bearing against the Property

94prior to Act of Sale, other than those to be assumed by written agreement, as of the date of the Act of Sale, are to

95be paid by the SELLER.

96

97APPRAISAL: This sale is NOT conditioned on appraisal. This sale IS conditioned on the appraisal of the

98Property being not less than the Sale Price. The SELLER agrees to provide the utilities for appraisals and access.

99If the appraised value of the Property is equal to or greater than the Sale Price, the BUYER shall pay the Sale

100Price agreed upon prior to the appraisal. If the appraised value is less than the Sale Price, the BUYER shall

101provide the SELLER with a copy of the appraisal within __________ (____) calendar days of receipt of same,

102along with the BUYER’S written request for the SELLER to reduce the Sale Price. Within __________ (____)

103calendar days after the SELLER’S receipt of such written documentation of the appraised value, the BUYER shall

104have the option to pay the Sale Price agreed upon prior to the appraisal or to void this Agreement unless the

105SELLER agrees in writing to reduce the Sale Price to the appraised value or all parties agree to a new Sale Price.

107DEPOSIT: Upon acceptance of this offer, or any attached counter offer, the SELLER and the BUYER shall be

108bound by all terms and conditions of this Agreement, and the BUYER or the BUYER’S agent shall deliver within

10972 hours, upon notice of acceptance of the offer, the BUYER’S deposit (the “Deposit”) in the amount of

110$___________________________ or _____% of the Sale Price to be paid in the form of:

111

Cash $

 

 

 

Certified Funds $

 

 

 

__________________________

____________________

112

Check $

 

Electronic Transfer (EFT) $

 

 

__________________________

_________

113The Deposit shall be held by. Listing Broker Selling Broker Third Party

DEPOSIT HELD BY THIRD PARTY: Louisiana Administrative Code Article Title 46, Part LXVII, Section 2717 requires that funds received in a real estate sales transaction shall be deposited in the appropriate sales escrow checking account, rental trust checking account or Deposit trust checking account of the listing or managing broker (“Broker”) unless all parties having an interest in the funds have agreed otherwise in writing. I agree to have the Deposit related to this transaction to be held by a third party and not in a sales escrow account maintained by the Broker. I understand that the Louisiana Real Estate Commission may not have jurisdiction over those third parties holding the funds. By signature below, I acknowledge that I have read the attached addendum and acknowledge the Broker is not legally required to disburse a Deposit in accordance with LAC 46:LXVII.2901 when a third party holds the Deposit.

__________________________________________

_______________________________________________

BUYER

 

SELLER

__________________________________________

_______________________________________________

BUYER

 

SELLER

BUYER’S Initials _____ _____

Page 3 of 9

SELLER’S Initials _____ _____

ABS Rev. 01/01/19

__________________________________________________________________________________________

Property address, street, city, state, zip

Date

114Failure to deliver the Deposit shall be considered a default of this Agreement. If the Deposit is held by a Broker, it

115must be held in accordance with the rules of the Louisiana Real Estate Commission in a federally insured banking

116or savings and loan institution without responsibility on the part of the Broker in the case of failure or suspension

117of such institution. In the event the parties fail to execute an Act of Sale by date specified herein, and/or a dispute

118arises as to ownership of, or entitlement to, the Deposit or funds held in escrow, the Broker shall abide by the

119Rules and Regulations set forth by the Louisiana Real Estate Commission.

120

121 RETURN OF DEPOSIT: The Deposit shall be returned to the BUYER and this Agreement declared null and void

122 without demand in consequence of the following events:

123 1) If this Agreement is declared null and void by the BUYER during the inspection and due diligence period as set 124 forth in lines 167 through 200 of this Agreement;

125

126 2) If this Agreement is subject to the BUYER’S ability to obtain a loan and the loan cannot be obtained, except as 127 stated in lines 72 through 85 of this Agreement, but only if the BUYER has made good faith efforts to obtain the 128 loan;

129

130 3) If the SELLER declares the agreement null and void for failure of BUYER to comply with written document 131 requirements as set forth in lines 80 through 85.

132

1334) If the BUYER conditions the Sale Price on an appraisal and the appraisal is less than the Sale Price and the

134SELLER will not reduce the Sale Price as set forth in lines 97 through 105 of this Agreement;

135

1365) If the BUYER timely terminates the Agreement after having received the leases or assessments, as set forth in

137lines 149 through 154 of this Agreement;

138

1396) If the SELLER is unable to timely deliver to the BUYER an approved sewerage and/or water inspection report

140as set forth in lines 202 through 211

141

1427) If the SELLER chooses not to repair or replace the sewer system(s) as per the SEPTIC/WATER WELL

143ADDENDUM, and the BUYER terminates the agreement as a result thereof;

144

1458) If the SELLER chooses not to repair or replace the private water well system(s) as per the SEPTIC/WATER

146WELL ADDENDUM, and the BUYER terminates the agreement as a result thereof;

147

148

149LEASES/SPECIAL ASSESSMENTS: The sale is conditioned upon the BUYER'S receipt of a copy of all written

150leases, excluding mineral leases, and unpaid special assessments from the SELLER within five (5) calendar days

151of acceptance of the Agreement. Special assessments shall mean an assessment levied on Property to pay the

152cost of local improvements imposed by local governmental/governing authority. The BUYER will have five (5)

153calendar days after receipt of the aforementioned documents to notify the SELLER whether they are acceptable

154to the BUYER. Security deposits, keys/access and leases are to be transferred to the BUYER at Act of Sale.

156NEW HOME CONSTRUCTION: If the property to be sold is completed new construction, under construction, or to

157be constructed, check one:

158A new home construction addendum, with additional terms and conditions, is attached.

159There is no new home construction addendum.

160

161INSPECTION AND DUE DILIGENCE PERIOD: The BUYER ACKNOWLEDGES THAT THE SALE PRICE OF

162THE PROPERTY WAS NEGOTIATED BASED UPON THE PROPERTY'S APPARENT CURRENT CONDITION;

163ACCORDINGLY, the SELLER IS NOT OBLIGATED TO MAKE REPAIRS TO THE PROPERTY, INCLUDING

164REPAIRS REQUIRED BY THE LENDER UNLESS OTHERWISE STATED HEREIN. THE SELLER IS

165RESPONSIBLE FOR MAINTAINING THE PROPERTY IN SUBSTANTIALLY THE SAME OR BETTER

166CONDITION AS IT WAS WHEN THE AGREEMENT WAS FULLY EXECUTED.

BUYER’S Initials _____ _____

Page 4 of 9

SELLER’S Initials _____ _____

ABS Rev. 01/01/19

__________________________________________________________________________________________

Property address, street, city, state, zip

Date

167The BUYER shall have an inspection and due diligence period of (_____) calendar days, commencing the first

168day after acceptance of this Agreement wherein, the BUYER may, at the BUYER’S expense, have any

169inspections made by experts or others of his choosing. Such physical inspections may include, but are not limited

170to, inspections for termites and other wood destroying insects, and/or damage from same, molds, and fungi

171hazards, and analysis of synthetic stucco, drywall, appliances, structures, foundations, roof, heating, cooling,

172electrical, plumbing systems, utility and sewer availability and condition, out-buildings, and square footage. Other

173due diligence by the BUYER may include, but is not limited to investigation into the property’s school district,

174insurability, flood zone classifications, current zoning and/or subdivision restrictive covenants and any items

175addressed in the SELLER’S Property Disclosure Document. All testing shall be nondestructive testing. The

176SELLER agrees to provide the utilities for inspections and immediate access. Inspection period will be extended

177by the same number of days that the BUYER is not granted immediate access to the property or all utilities are

178not provided by the SELLER. If the BUYER is not satisfied with the condition of the Property or the results of the

179BUYER’S due diligence investigation, the BUYER may choose one of the following options within the inspection

180and due diligence period:

181

182Option 1: The BUYER may elect, in writing, to terminate the Agreement and declare the Agreement null and void;

183or

184Option 2: The BUYER may indicate in writing the deficiencies and desired remedies and the SELLER will within

185seventy two (72) hours respond in writing as to the SELLER’S willingness to remedy those deficiencies

186(“SELLER’S Response”).

187

188Should the SELLER in the SELLER’S Response refuse to remedy any or all of the deficiencies listed by the

189BUYER, then the BUYER shall have seventy-two (72) hours from the date of the SELLER'S Response or

190seventy-two (72) hours from the date that the SELLER'S Response was due, whichever is earlier, to: (a) accept

191the SELLER'S Response to the BUYER’S written requests or (b) accept the Property in its current condition, or (c)

192to elect to terminate this Agreement. The BUYER’S response shall be in writing. Upon the BUYER'S failure to

193respond to the SELLER’S Response by the time specified or the BUYER’S electing, in writing, to terminate this

194Agreement, the Agreement shall be automatically, with no further action required by either party, ipso facto null

195and void except for return of Deposit to the BUYER.

196

197FAILURE TO GIVE WRITTEN NOTICE OF EITHER TERMINATION OR DEFICIENCIES AND DESIRED

198REMEDIES TO THE SELLER (OR THE SELLER’S DESIGNATED AGENT) AS SET FORTH IN LINES 161

199THROUGH 180 WITHIN THE INSPECTION AND DUE DILIGENCE PERIOD SHALL BE DEEMED AS

200ACCEPTANCE BY THE BUYER OF THE PROPERTY'S CURRENT CONDITION.

201

202PRIVATE WATER/SEWERAGE:

203There is/are __________ (____) private water system(s) servicing only the primary residence, and the attached

204private Septic/Water Addendum inspections shall include only the system(s) supplying service to the primary

205residence.

206

207There is/are __________ (____) private septic/treatment system(s) servicing only the primary residence and

208the attached private Septic/Water Addendum inspections shall include only those systems supplying service to

209the primary residence.

210

211There is NO private septic/treatment system(s) servicing only the primary residence.

213HOME SERVICE/WARRANTY: A home service/warranty plan will / will not be purchased at the closing of

214sale at a cost not to exceed $________________ to be paid by the BUYER / the SELLER. Home Service

215Warranty will be ordered by ___________________________________________________________________.

BUYER’S Initials _____ _____

Page 5 of 9

SELLER’S Initials _____ _____

ABS Rev. 01/01/19

__________________________________________________________________________________________

Property address, street, city, state, zip

Date

216It is understood that the Agent/Broker may receive compensation from the home warranty company for actual

217services performed. The home service warranty plan does not warrant pre-existing defects and options, and does

218not supersede or replace any other inspection clause or responsibilities. If neither the BUYER nor the SELLER

219accepts the home service warranty plan, they declare that they have been made aware of the existence of such a

220plan, and further declare that they hold the Broker and Agents harmless from any responsibility or liability due to

221their rejection of such a plan.

222

223WARRANTY OR AS IS CLAUSE WITH WAIVER OF RIGHT OF REDHIBITION: (CHECK ONE ONLY)

224A. SALE WITH WARRANTIES: The SELLER and the BUYER acknowledge that this sale shall be with full

225SELLER warranties as to any claims or causes of action including but not limited to redhibition pursuant to

226Louisiana Civil Code Article 2520, et seq. and Article 2541, et seq.

227B. SALE “AS IS” WITHOUT WARRANTIES: The SELLER and the BUYER hereby acknowledge and recognize

228that the Property being sold and purchased is to be transferred in “as is” condition and further the BUYER does

229hereby waive, relieve and release the SELLER from any claims or causes of action for redhibition pursuant to

230Louisiana Civil Code Article 2520, et seq. and Article 2541, et seq. or for reduction of Sale Price pursuant to

231Louisiana Civil Code Article 2541, et seq. Additionally, the BUYER acknowledges that this sale is made without

232warranty of fitness for ordinary or particular use pursuant to Louisiana Civil Code Article 2524. The SELLER and

233the BUYER agree that this clause shall be made a part of the Act of Sale.

234C. NEW HOME WARRANTIES. Notwithstanding lines 223 through 233 and irrespective of whether A or B

235above is checked, if the Property is a new construction, the parties agree that neither A or B will apply but instead

236the provisions of the New Home Warranty Act (LA R.S. 9:3141 et seq.) shall apply. The warranty of condition of

237this Property is governed by the New Home Warranty Act if a home on the Property is a “home” as defined in the

238New Home Warranty Act.

239

240MERCHANTABLE TITLE/CURATIVE WORK: The SELLER shall deliver to the BUYER a merchantable title at

241the SELLER’S costs (see lines 244 through 246). In the event curative work in connection with the title to the

242Property is required or is a requirement for obtaining the loan(s) upon which this Agreement is conditioned, the

243 parties agree to and do extend the date for passing the Act of Sale to a date not more than

244_____________________________ (_____) calendar days from the date of the Act of Sale stated herein. The

245SELLER’S title shall be merchantable and free of all liens and encumbrances except those that can be satisfied at

246Act of Sale. All costs and fees required to make title merchantable shall be paid by the SELLER. The SELLER

247shall make good faith efforts to deliver merchantable title. The SELLER’S inability to deliver merchantable title

248within the time stipulated herein shall render this Agreement null and void, reserving unto the BUYER the right to

249demand the return of the Deposit and to recover from the SELLER actual costs incurred in processing of sale as

250well as legal fees incurred by the BUYER.

251

252FINAL WALK THROUGH: The BUYER shall have the right to re-inspect the Property within five (5) calendar

253days prior to the Act of Sale, or occupancy, whichever will occur first in order to determine if the Property is in the

254same or better condition as it was at the initial inspection(s) and to insure all agreed upon repairs have been

255completed. The SELLER agrees to provide utilities for the final walk through and immediate access to the

256Property.

257

258DEFAULT OF AGREEMENT BY THE SELLER: In the event of any default of this Agreement by the SELLER,

259the BUYER shall at the BUYER’S option have the right to declare this Agreement null and void with no further

260demand, or to demand and/or sue for any of the following:

261

2621) Termination of this Agreement; 2) Specific performance; 3) Termination of this Agreement and an amount

263equal to 10% of the Sale Price as stipulated damages.

BUYER’S Initials _____ _____

Page 6 of 9

SELLER’S Initials _____ _____

ABS Rev. 01/01/19

__________________________________________________________________________________________

Property address, street, city, state, zip

Date

264Further, the BUYER shall be entitled to the return of the Deposit. The prevailing party to any litigation brought to

265enforce any provision of this Agreement shall be awarded their attorney fees and costs. The SELLER may also be

266liable for Broker fees.

267

268DEFAULT OF AGREEMENT BY BUYER: In the event of any default of this Agreement by the BUYER, the

269SELLER shall have at the SELLER’S option the right to declare this Agreement null and void with no further

270demand, or to demand and sue for any of the following: 1) Termination of this Agreement; 2) Specific

271performance; 3) Termination of this Agreement and an amount equal to 10% of the Sale Price as stipulated

272damages.

273

274Further, the SELLER shall be entitled to retain the Deposit. The prevailing party to any litigation brought to

275enforce any provision of this Agreement shall be awarded their attorney fees and costs. The BUYER may also be

276liable for Broker fees.

277

278MOLD RELATED HAZARDS NOTICE: An informational pamphlet regarding common mold related hazards that

279can affect real property is available at the EPA website http://www.epa.gov/iaq/molds/index.html. By initialing

280this page of the Agreement, the BUYER acknowledges that the real estate agent has provided the BUYER with

281the EPA website enabling the BUYER to obtain information regarding common mold related hazards.

282

283OFFENDER NOTIFICATION: The Louisiana State Police maintains the State Sex Offender and Child Predator

284Registry through the Louisiana Bureau of Criminal Identification and Information. It is a public access database of

285the locations of individuals who are required to register pursuant to LA R.S. 15:540, et seq. The website for the

286database is http://www.lsp.org/socpr/default.html. Sheriff and police departments serving jurisdictions of

287450,000 also maintain such information. Inquiries can be made by phone at 1-800-858-0551 or 1-225-925-6100.

288Send written inquiries to Post Office Box 66614, Box A-6, Baton Rouge, Louisiana 70896.

289

290FLOOD HAZARD INFORMATION:

291An informational website regarding flood hazards that can affect real property is available at the FEMA website

292https://msc.fema.gov/portal.

293

294CHOICE OF LAW: This Agreement shall be governed by and shall be interpreted in accordance with the laws of

295the State of Louisiana.

296

297DEADLINES: TIME IS OF THE ESSENCE and all deadlines are final, except where modifications, changes, or

298extensions are made in writing and signed by all parties to this Agreement. All “calendar days” as used in this

299Agreement shall end at 11:59 p.m. in Louisiana.

300

301ADDITIONAL TERMS AND CONDITIONS:

302__________________________________________________________________________________________

303__________________________________________________________________________________________

304__________________________________________________________________________________________

305__________________________________________________________________________________________

306__________________________________________________________________________________________

307__________________________________________________________________________________________

309ROLES OF BROKERS AND DESIGNATED AGENTS: Broker(s) and Designated Agent(s) have acted only as

310real estate brokers to bring the parties together and make no warranty to either party for performance or non-

311performance of any part of this Agreement or for any warranty of any nature unless specifically set forth in writing.

BUYER’S Initials _____ _____

Page 7 of 9

SELLER’S Initials _____ _____

ABS Rev. 01/01/19

__________________________________________________________________________________________

Property address, street, city, state, zip

Date

312Broker(s) and Designated Agent(s) make no warranty or other assurances whatsoever concerning Property

313measurements, square footage, room dimensions, lot size, Property lines or boundaries. Broker(s) and

314Designated Agent(s) make no representations as to suitability or to a particular use of the Property, and the

315BUYER has or will independently investigate all conditions and characteristics of the Property which are important

316to the BUYER. The BUYER is not relying on the Broker or the Designated Agent(s) to choose a representative to

317inspect or re-inspect the Property; the BUYER understands any representative desired by the BUYER may

318perform this function. In the event Broker/Agent(s) provides names or sources for such advice or assistance,

319Broker/Agent(s) does not warrant the services of such experts or their products and cannot warrant the condition

320 of Property or interest to be acquired or guarantee that all defects are disclosed by the SELLER(S).

321Broker/Agent(s) do not investigate the status of permits, zoning, code compliance, restrictive covenants, or

322insurability. The Broker(s) and Designated Agent(s) specifically make no warranty whatsoever as to whether or

323not the Property is situated in or out of the Government’s hundred-year flood plan or is or would be classified as

324wetlands by the U.S. Army Corps of Engineers, or as to the presence of wood destroying insects or damage there

325from. The BUYER(S) are to satisfy themselves concerning these issues. Designated Agent shall be an

326independent contractor for Broker if the conditions as set forth in LA R.S. 37:1446(h) are met.

327

328LIST ADDENDA TO BE ATTACHED AND MADE A PART OF THIS AGREEMENT:

329

Contingency for Sale of the BUYER’S Other Property Addendum

330

Condominium Addendum

331

FHA Amendatory Clause

332

New Construction Addendum

Private Water/Sewerage Addendum Deposit Addendum

___________________________

___________________________

333

334If any of the pre-printed portions of this Agreement vary or are in conflict with any additional or modified terms on

335blanks provided in this form or Addendum attached to this Agreement, the additional, modified or Addendum

336provisions control.

337

338SINGULAR – PLURAL USE: Wherever the word BUYER or the word SELLER occurs in this Agreement or is

339referred to, the same shall be construed as singular or plural, masculine or feminine or neuter, as the case may

340be.

341

342ACCEPTANCE: Acceptance of this Agreement must be in writing. This agreement may be executed by use of

343electronic signatures, in accordance with the Louisiana Uniform Electronic Transaction Act. The original of this

344Agreement shall be delivered to the listing Broker’s firm. This Agreement and any supplement addendum or

345modification relating hereto, including any photocopy, facsimile or electronic transmission thereof, may be

346executed in two or more counterparts, all of which shall constitute one and the same Agreement.

347

348NOTICES AND OTHER COMMUNICATIONS: All notices, requests, claims, demands, and other communications

349related to or required by this Agreement shall be in writing. Notices permitted or required to be given (excluding

350service of process) shall be deemed sufficient if delivered by (a) mail, (b) hand delivery; (c) overnight delivery; (d)

351facsimile, (e) email, or (f) other e-signature transmissions addressed to the respective addresses of the parties as

352(a) written on the first page of this Agreement; (b) as designated below on lines 361 through 370; or (c) at such

353other addresses as the respective parties may designate by written notice.

354

355The BUYER and SELLER agree the use of electronic documents and digital signatures is acceptable and will be

356treated as originals of the signatures and documents transmitted in the above referenced real estate transaction.

357Specifically, the BUYER and SELLER consent to the use of electronic documents, the electronic transmission of

358documents, and the use of electronic signatures pertaining to this Agreement, and any supplement addendum or

359modification relating thereto, including but not limited to any notices, requests, claims, demands and other

360communications as set forth in the Agreement.

BUYER’S Initials _____ _____

Page 8 of 9

SELLER’S Initials _____ _____

ABS Rev. 01/01/19

__________________________________________________________________________________________

Property address, street, city, state, zip

Date

361The BUYER further authorizes his or her agent to electronically deliver notices and other communications to

362the email address he or she provided to his or her agent. Furthermore, the Buyer authorizes the Seller’s agent to

363electronically deliver notices and communications to be delivered to the following address:

364

365BUYER’s Agent email address(es): ______________________________________________________

366The SELLER further authorizes his or her agent to electronically deliver notices and other communications to

367the email address he or she provide to his or her agent. Furthermore, the Seller authorizes the Buyer’s agent to

368electronically deliver notices and communications to be delivered to the following address:

369

370SELLER’s Agent email address(es): _____________________________________________________

371The authorization contained in this Section is not an authorization for the Buyer’s agent to communicate directly

372with the Seller or a Seller’s agent to communicate directly with the Buyer.

373

374CONTRACT: This is a legally binding contract when signed by both the SELLER and the BUYER. READ IT

375CAREFULLY. If you do not understand the effect of any part of this Agreement seek legal advice before signing

376this contract or attempting to enforce any obligation or remedy provided herein.

377

378ENTIRE AGREEMENT: This Agreement constitutes the entire Agreement between the parties, and any other

379agreements not incorporated herein in writing are void and of no force and effect.

380

381EXPIRATION OF OFFER:

382This offer is binding and irrevocable until ______________, 20_____ at _____AM PM NOON. The

383Acceptance of this offer must be communicated to the offering party by the deadline stated on line 374 to be

384binding and effective.

385

386

__________________________________________

 

_________________________________________

387

Buyer’s / Seller’s Signature

Date/Time  AM  PM

Buyer’s / Seller’s Signature Date/Time  AM  PM

388

___________________________________________

 

 

__________________________________________

389

Print Buyer’s/Seller’s Full Name (First, Middle, Last)

Print Buyer’s/Seller’s Full Name (First, Middle, Last)

390__________________________________________________________________________________________

391

This offer was presented to the Seller

Buyer by

 

Day/ Date/ Time  AM

PM  NOON

392

 

 

 

 

 

 

 

 

 

 

393

 

This offer is:

Accepted

Rejected (without counter) Countered (See Attached Counter) by:

394

 

 

 

 

 

 

 

 

 

 

395

__________________________________________

 

__________________________________________

 

396

 

Buyer’s /

Seller’s Signature

Date/Time  AM  PM

Buyer’s / Seller’s Signature

Date/Time  AM  PM

397

 

___________________________________________

 

 

__________________________________________

 

398

 

Print Buyer’s/Seller’s Full Name (First, Middle, Last)

Print Buyer’s/Seller’s Full Name (First, Middle, Last)

399_________________________________________________________________________________________

This offer was presented to the Seller Buyer by

Day/ Date/ Time AM PM NOON

ABS Rev. 01/01/19

Page 9 of 9

File Breakdown

Fact Name Description
Purpose The BOS Abs form is used to authorize a person to act on behalf of another in specific legal matters.
Governing Laws (State-Specific) This form must comply with state laws governing the use of powers of attorney.
Eligibility Individuals aged 18 and older can typically utilize the form to designate a representative.
Signature Requirement The individual granting authority must sign the form in the presence of a notary public.
Specificity The form should clearly outline the powers granted to the representative.
Revocation The person who grants authority can revoke it at any time by providing written notice.
Duration The authority granted remains effective until revoked or the individual is no longer able to make decisions.
State Variations Different states may have additional requirements or variations in the BOS Abs form.

Guide to Using BOS Abs

Filling out the BOS Abs form is an important step in a process that may lead to various outcomes. It’s essential to pay attention to detail to ensure accuracy and completeness. Following the instructions carefully will help streamline your experience.

  1. Gather all necessary information before starting the form. This may include personal details, identification numbers, and any documentation relevant to the application.
  2. Carefully read every question on the form. Understanding what is being asked will help you provide accurate responses.
  3. Begin filling out the form. Start with the sections that pertain to your personal information. Common fields include your name, address, and contact details.
  4. Move on to any other required information. This could include financial data, employment status, or specific circumstances relevant to the purpose of the form.
  5. Double-check all entries for accuracy. Ensure that all information matches your supporting documents to avoid discrepancies.
  6. Review the instructions at the end of the form to understand how to submit it. This might involve mailing it to a specific address or submitting it online.
  7. If necessary, make copies of the completed form and any supporting documents for your records.
  8. Submit the form as instructed. Ensure you allow enough time for processing, and check for any confirmation that your submission was successful.

Get Answers on BOS Abs

What is the BOS Abs form used for?

The BOS Abs form is primarily used to document and report absences related to specific business operations or functions. This form helps organizations track employee attendance, ensure compliance with company policies, and manage workforce planning effectively. By submitting this form, employees can formally communicate their absence and the reason for it, which helps maintain accurate records for payroll processing and staffing management.

Who needs to complete the BOS Abs form?

All employees who are unable to attend work due to legitimate reasons such as illness, personal matters, or emergencies should complete the BOS Abs form. It is essential for maintaining a clear record of absences. Supervisors may also require team members to submit this form for absences related to vacation or leaves of absence under specific company policies.

How do I submit the BOS Abs form?

Submission procedures for the BOS Abs form depend on your organization’s guidelines. Generally, you can follow these steps:

  1. Fill out the form with accurate details about your absence, including the dates and the reason.
  2. If required, obtain any necessary approvals from your supervisor or HR department.
  3. Email or submit the form through your company's designated submission platform.
  4. Keep a copy for your records.

Check with your HR department for any specific submission instructions or deadlines to ensure compliance.

What happens if I do not submit the BOS Abs form?

Failure to submit the BOS Abs form may result in several consequences. Most importantly, your absence may be classified as unexcused, which could lead to disciplinary action depending on company policy. Additionally, not reporting an absence could affect payroll accuracy and create complications in managing your workload. It is crucial to adhere to the reporting procedures to avoid any misunderstandings and to ensure proper documentation is kept regarding your attendance.

Common mistakes

Filling out the BOS Abs form can be straightforward, yet many people encounter common pitfalls that can lead to delays or complications. One common mistake is incomplete information. Many individuals fill out the form without providing all the required details. It's crucial to ensure that every section is filled in, including personal information, dates, and other relevant data.

Another frequent issue is incorrect dates. Submitting the wrong absence dates can not only confuse the processing team but might also result in inaccurate records. Double-checking starting and ending dates is an essential step to avoid this error.

Omitting signatures is a mistake that often goes unnoticed. Some people forget to sign and date their forms, which can halt the processing time. Ensure that the form is duly signed where indicated to prevent any unnecessary delays.

Additionally, many people struggle with using the wrong form. It’s vital to verify that the correct BOS Abs form is being used, as outdated or incorrect versions may not be accepted. Always obtain the most current form from your department.

Finally, failing to read the instructions thoroughly can lead to several mistakes. Each form usually includes specific guidelines that must be followed. Skipping this step could result in errors that may require resubmission. Taking time to review the instructions can save hassle later.

By being mindful of these common mistakes—providing complete information, using correct dates, ensuring signatures are present, using the right form, and reading instructions carefully—individuals can streamline their process when filling out the BOS Abs form.

Documents used along the form

The BOS Abs form is a crucial document used in various legal and administrative processes. Alongside this form, several other documents may be required to ensure compliance with regulations or to facilitate specific procedures. Below are some common forms and documents that often accompany the BOS Abs form.

  • Affidavit of Support: This document serves as a legally binding commitment from a sponsor to support an individual, typically in immigration cases, ensuring they have the financial means to live in the U.S.
  • Power of Attorney: This form allows one person to act on behalf of another in legal matters. It grants the agent the authority to make decisions as specified in the document.
  • Notification of Change of Address: This form informs relevant authorities of a change in the address of an individual or organization, ensuring that all communications are sent to the correct location.
  • Identity Verification Form: Often required in various transactions, this document confirms the identity of individuals and may require supporting identification documents.

Understanding the purpose and requirements of these associated documents can help streamline processes and ensure that all necessary information is presented accurately. Proper preparation can prevent delays and complications in various legal matters.

Similar forms

  • Affidavit of Support: This document is used to prove that an individual has sufficient financial resources to support themselves or another person, usually in the context of immigration. The BOS Abs form also aims to demonstrate financial backing, although it may focus more on declaring absences rather than support obligations.

  • Application for Employment Authorization: Usually filed by individuals seeking permission to work in the U.S., this form shares similarities with the BOS Abs form in that both require detailed personal information and timelines. A noticeable difference lies in the specifics of the information requested, tailored to immigration intent or purpose.

  • Notice of Change of Address: This document informs relevant authorities of a change in residency. Both this notice and the BOS Abs form require accurate information about an individual’s whereabouts, ensuring that all stakeholders remain informed, but the BOS Abs form focuses on absence rather than relocation.

  • Passport Renewal Application: When renewing a passport, individuals must detail their travel history, similar to how the BOS Abs form requires information regarding absences. Both documents serve to maintain up-to-date records but differ in their applications—one for identity validation and the other for reporting periods of absence.

  • Travel Itinerary Declaration: This document outlines an individual's planned travel schedule, including destinations and dates. Like the BOS Abs form, it necessitates clarity around periods away from a home or primary residence; however, the key difference is that the itinerary is forward-looking while the BOS Abs form often addresses past absences.

Dos and Don'ts

When filling out the BOS Abs form, getting it right is crucial for smooth processing and avoiding delays. Here are some important do’s and don’ts to keep in mind:

  • Do read the instructions carefully. Understanding the form's requirements can save you time and frustration.
  • Do double-check your personal information. Incorrect details can lead to serious issues down the line.
  • Don’t rush through the form. Take your time to provide accurate and complete information.
  • Don’t leave any required fields blank. Omitting information may result in your application being rejected.

Completing forms correctly is vital for your application process. Take these tips seriously to ensure everything is in order.

Misconceptions

The BOS Abs form, or Business Ownership and Support Absenteeism form, can often be misunderstood. Clarifying these misconceptions can help individuals better navigate its use and implications.

  • It is only for business owners: Many believe that the BOS Abs form applies solely to business owners. In reality, this form can be useful for employees who wish to document absenteeism related to business operations or personal circumstances impacting their role.
  • It requires extensive business knowledge: There’s a common notion that only those with deep knowledge of business operations can effectively fill out the BOS Abs form. However, it is designed to be user-friendly and accessible to various users, including those without advanced business acumen.
  • Filing the BOS Abs form is optional: Some think that submitting this form is totally optional. In certain situations, especially in corporate environments, it may be a requirement to ensure proper record-keeping and compliance with company policies.
  • It only addresses external business factors: Another misconception is that the form solely addresses external issues affecting business activities. In fact, it can also account for personal health and family-related concerns that might impact attendance.
  • Once submitted, it can't be modified: Many feel that any errors made on the BOS Abs form are final and cannot be corrected. This misconception overlooks the fact that most organizations allow amendments or updates to be made, ensuring accuracy and clarity.
  • It influences job security: There is a lingering fear among some that submitting the BOS Abs form might negatively affect their job security. In truth, this form is meant to facilitate communication between employees and management, aiming to enhance understanding rather than jeopardize employment.

Understanding these misconceptions can lead to more informed decisions regarding the use of the BOS Abs form, ultimately benefiting both employees and employers.

Key takeaways

When filling out and using the BOS Abs form, keeping a few key points in mind can help ensure a smooth process. Here are important takeaways to consider:

  1. Ensure that all fields are completed accurately to prevent delays in processing.
  2. Use clear, legible handwriting or type the information to avoid confusion.
  3. Double-check contact information, as this is crucial for any follow-up communications.
  4. Review the instructions carefully to understand what is required for your specific situation.
  5. Submit the form on time to meet any deadlines that may apply.
  6. Keep a copy of the completed form for your records in case you need to reference it later.
  7. If applicable, attach any necessary supporting documents as indicated in the instructions.
  8. Be aware of the submission methods available, whether by mail, fax, or online, and choose the most appropriate one.
  9. Contact the appropriate office if you have any questions about completing the form or its requirements.