Avoiding agent liability in a real estate transaction
Marte Cliff “Document everything and insist that your clients sign off on every decision they make against your advice. For instance, make them sign a statement saying they don’t want an inspection. Make sure they’ve signed off on the property condition report and any inspections. Next, disclose everything. You know the rules – once you know a “material fact” about a property, you have to disclose, even if the sellers leave it off the property condition report.”Right on target – and – re-blog! From my Thursday newsletter – thanks to a suggestion from a reader… When you’re dealing with other people’s money –...
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