Form 552, Amendment to Buyer Customer Service Agreement

What Is OREA Form 552

It’s a standardized form used in the real estate industry in Ontario, Canada. It outlines the terms and conditions of the agreement between a buyer and a real estate agent, formalizing the buyer's representation relationship. On PDFLiner, you can find the template for OREA Form 552 and a wide selection of other industry-specific form templates, making it convenient for real estate professionals to access and complete their documentation efficiently.

When to Use the 552 Form

OREA Form 552 is a crucial document in the Ontario real estate industry. Here are instances when it is utilized:

• when a buyer engages a real estate agent to represent them in a property purchase;
• when outlining the terms of the agreement between the buyer and the real estate agent;
• when specifying the agent's commission or compensation;
• when clarifying the scope of the agent's services and obligations to the buyer;
• when establishing the duration of the representation agreement.

Using this document, the buyer and agent can formalize their relationship and expectations during the property search and purchase process.

How to Fill Out Amendment to Buyer Customer Service Agreement

Filling out the file using PDFLiner's online editor is a hassle-free process. Follow these steps to complete the document accurately:

1. Visit the PDFLiner website and sign in or create an account. 
2. Find the template of the form in our catalog.
3. Familiarize yourself with the document's content and purpose, ensuring a clear understanding of the changes needed.
4. Provide the date and a brief description of the amendments to be made.
5. Identify the parties involved, including the buyer's and service provider's information.
6. Review the original agreement to comprehend the sections or clauses requiring amendments.
7. Clearly state each amendment in a separate section, using precise and concise language.
8. Modify the original content accordingly, specifying the changes to be made and any new terms or conditions.
9. Ensure that both parties acknowledge and agree to the amendments by providing their signatures and dates.
10. Conduct a thorough review of the completed Amendment to verify accuracy and clarity.
11. Save the document and export it to various formats for easy sharing and printing.

By following these steps, you can efficiently fill out the form in question, ensuring that any changes are accurately documented and mutually agreed upon by both parties. Bear in mind that PDFLiner is always at your service whenever you need to find, edit, digitally sign, or e-share any niche-specific document in your personal or professional life.