PAR has been working with legislators and the Department of Banking to introduce legislation that would restore seller financing to its original intent.
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PAR has been working with legislators and the Department of Banking to introduce legislation that would restore seller financing to its original intent.
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Broker X was listing a property for rent. His agreement with the owner stated that the fee for successfully obtaining a tenant would be an amount equal to one month’s rent. A tenant was procured and at the signing of the lease Broker X told the tenant to write two checks –...
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Since the passage of the Affordable Care Act in March 2010, individuals and groups on all sides of the healthcare issue have been responding to various provisions included in the new law and regulations. Unfortunately, not all of the claims about the law have been accurate, making it difficult for those who really want...
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In these challenging economic times, homeowners and their agents are getting more and more creative in how they try to sell their homes. One tactic popping up across the country is a raffle in which sellers offer a limited number of raffle tickets to prospective buyers then draw one winner who gets the home.
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To assert a commercial broker lien against a seller, the lien must be recorded before title transfers to the buyer. If asserted after the title transfers, the lien is only effective against the buyer who, if he/she has no legal obligation to pay the commission, may now have a claim of slander of title...
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The Real Estate Seller Disclosure Law requires that sellers inform buyers when the disclosures are “rendered inaccurate prior to final settlement as a result of any act, occurrence or agreement.” If a home was flooded or otherwise damaged after sellers originally filled out their disclosure form, they need to go back and amend the...
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What do you do if you’re involved in a transaction with a home that was just flooded? If you’re working with a seller or buyer in a transaction involving a flood-damaged property, a thorough knowledge of the PAR Agreement of Sale will help you to properly represent your client.
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In this example, the ASR was contingent on the outcome of a home inspection. The sellers had taken good care of their home, so they were shocked to receive a Reply to Inspections demanding multiple repairs.
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According to nationally recognized safety and technology expert Andrew Wooten, Realtors® need to make some major changes in the way they use social media and protect themselves in this ever-changing technology-driven world.
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Tuesday, Feb. 7, 2012
