Residential property for sale equipped with a state-assistance water tank requires the seller and seller broker to disclose to prospective buyers that the water tank is not part of the property acquired.
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A sellers agent uses Forms 131 and 132 to order out a Natural Hazard Disclosure (NHD) report and a Structural Pest Control (SPC) report.
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Real Estate Compliance Consultant Summer Goralik reminds agents of the proper handling of termite inspection reports.
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In times of softening home prices, the sellers agent will need to be even more sure to provide the buyer with property reports and disclosures.
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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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Our proposal to mandate disclosure of operating costs for SFRs.
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Use of the mandated Transfer Disclosure Statement (TDS).
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