Learn how to use a home inspection report (HIR) to mitigate liability risks for misrepresentation in the preparation of a seller’s Transfer Disclosure Statement (TDS), exercise care in the section of a qualified home inspector and use an energy efficiency audit report by a certified home energy rater to market property.
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Learn common safety standard conditions and violations found on residential properties and how to provide terms to remedy safety issues in a real estate transaction.
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Learn the difference between a broker’s specific agency duty owed only to their client and the limited general duty they owe to others in a transaction and how to observe and disclose conditions adversely affecting value and qualify statements when they are opinions, not facts.
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Learn the seller broker duty to inspect and disclose their observations and knowledge about a property’s condition to prospective buyers, preparation and delivery of the seller’s Transfer Disclosure Statement (TDS) and recognize the home inspection report (HIR) as a risk mitigation activity.
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New legislation mandates disclosure of tobacco and nicotine products as a common environmental hazard.
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Delivery of property disclosures to buyers is legislated to occur “as soon as practicable” (ASAP) on inquiry from a prospective buyer, well before a purchase agreement setting a price is entered into.
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An agent, retained by a seller of property, has a duty to have the seller-client enter their truthful responses to property conditions itemized on a Transfer Disclosure Statement (TDS).
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These forms are used by a sellers agent as part of the Transfer Disclosure Statement (TDS) to comply with city or county ordinance disclosure requirements and to disclose information about service and maintenance providers currently used on a property listed for sale.
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The real estate agent and home inspector are crucial figures in a home for sale — but do they need to get along?
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A home inspection report is used by a seller’s broker to shift the risks of non-disclosure liability in their use of a seller’s Transfer Disclosure Statement.
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Today’s sobered homebuyers have greater liberty to leverage home defects to justify a price cut than they did the last two years.
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Lead-based paint hazards and environmental hazards which may exist on any property are disclosed to prospective buyers with RPI Forms 313 and 316-1.
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What is a home inspection? A home inspection...
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When the permit status of a home improvement is unknown due to the seller’s lack of knowledge, it becomes the buyer’s agent’s responsibility to further investigate.
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Lead-based paint hazard – Any condition that causes exposure to lead from lead-contaminated dust, soil or paint which has deteriorated to the point of causing adverse human health effects.
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Brush up on the Transfer Disclosure Statement and the importance of disclosing material facts to buyers and sellers.
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“As is” vs. “as disclosed” On the sale of a one-to-four unit residential property, the seller...
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Why doesn’t RPI Forms publish a version of the Agent Visual Inspection Disclosure (AVID)?
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Properties may not be listed “as is.” Rather, properties as listed as disclosed, a difference more significant than just semantics.
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This article covers need-to-know termite topics for California real estate agents, including inspections, forms and customs.
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