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Latest video published 9/3/2019
- Natural Hazard Disclosures
Natural hazards which come with the location of a parcel of real estate; Locations where a property might be subject to natural hazards; Use of the Natural Disclosure Statement (NHD).
- Desirability Based on Deaths Within Three Years
Disclosure of a death which occurred on the real estate within three years of a buyer’s purchase offer; Buyer’s agent’s greater agency duty of care to protect the buyer; Know-your-client rule.
- Deaths affecting market value
Disclosure of a death which affects market value; Disclosure of a death on buyer inquiry; Deaths which stigmatize a property; Price-to-value money losses.
- When and When Not to Disclose a Death
When and When Not to Disclose a Death (3:03) Covers: When to disclose a prior occupant’s use, affliction or death; No affirmative duty to voluntarily disclose a death which occurred more than three years prior, or a death resulting from AIDs or the HIV virus; Duty to disclose a death which had an adverse effect on ...
- Delivery of the Transfer Disclosure Statement
Timely delivery of the TDS before the seller accepts a purchase agreement offer; recourse for untimely delivery; buyer’s statutory cancellation rights on an untimely delivery. More information about this topic is available @ firsttuesdayjournal.com. More information about our real estate licensing and renewal courses is available @ firsttuesday.us.
- TDS: Mandated on one-to-four residential units
Use of the mandated Transfer Disclosure Statement (TDS).
- Gathering facts on adverse features
Covers: Conducting a visual inspection; Assuring seller compliance with their duty to timely deliver statements to prospective buyers; Reviewing and confirming information in disclosure documents received from the seller; Advising in risk avoidance procedures; Responding to buyer inquiries
- Property is Sold “As-Disclosed,” Never “As-Is”
Property is Sold “As-Disclosed,” Never “As-Is” (2:56) Covers: How property sold “as-is” relates to California disclosure requirements; A seller’s agent’s general duty to voluntarily disclose material facts to a buyer; Improper use of an “as-is” disclaimer in lieu of making factual disclosures. More information about this topic is available @ firsttuesdayjournal.com.
- General Duty to Voluntarily Disclose
General Duty to Voluntarily Disclose (3:26) Covers: Seller’s agent’s general duty to timely disclose significant physical aspects of a property affecting market value or the buyer’s decision to purchase; Minimal quantity of property information to disclose. More information about this topic is available @ firsttuesdayjournal.com.
- A Broker’s Use of the Fair Housing Poster
Covers: The Fair Housing Poster; Failure to follow HUD guidelines; Defense against a fair housing lawsuit.