Brokerage Reminder: Permit no omissions
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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Tag: visual inspection
Brokerage Reminder: A general duty owed the buyer
This article covers the due diligence obligations a broker or agent owes the buyer in a real estate transaction.
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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
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