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Tag Archive
Use the Agreement of Sale, the whole Agreement of Sale
I’m currently defending a broker and her salesperson in a failure-to-disclose lawsuit. My client -- a buyers’ agent -- has been accused of failing to tell her clients that mold is not an unusual environmental condition and that they have a right to test for its presence. »
Megan’s Law Q&A: Duty to disclose?
Legal Hotline callers want to know whether licensees have a duty to determine the presence of Megan’s Law registrants and whether the answer changes depending on the status of the licensee as a buyer’s or seller’s agent. »
Myths surround deposit money
PAR staff has recently seen an increase in the number of questions regarding the handling of deposit monies. Let’s look at some of the common myths about deposits and set them straight. »
Agreement of Sale expected to ship March 1
Electronic vendors have started to post the e-forms and all vendors are expected to have the new form online by March 1. The previous ASR is still acceptable to use for transactions. »
Radon, radon everywhere…
The World Health Organization (WHO) recently released an extensive report on radon, suggesting that there may be a greater risk of lung cancer at lower exposure levels than earlier believed. REALTORS® and consumers may think the report’s recommendations (establish action levels for radon remediation at the equivalent of 2.7 pCi/L) have the force of... »
Delay of game? Counting days…
Time is of the essence, so you need to pay attention to when the days for performing inspections begin. When does the clock start?? »
