FR/BAR Contract refers to the current version of the Florida real estate form issued and approved by the joint committee of Florida Realtors and The Florida Bar that develops real estate forms approved by both organizations. This is an officially licensed form that may be used by real estate brokers, attorneys, investors or buyers and sellers of real estate. The Far/Bar form has many commonly used provisions in standard real estate contracts, such as clauses for financing contingencies, property inspection, evidence of title and closing procedures. The FR/BAR contract is well-known and exensively used among real estate professionals.
FR/BAR contract was formerly known as FAR/BAR Contract. Florida REALTORS was formerly known as Florida Association of Realtors.