Category: Your Practice

Property disclosures: buyer retains a home inspector

Learn how a buyer agent uses a home inspection report (HIR) to confirm the condition of a property as disclosed by a seller or seller agent and advises their buyer on remedies for material defects in the property noted in an HIR but not disclosed prior to the seller entering into a purchase agreement.

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The home inspection report: to disclose and shield

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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Form-of-the-Week: Partial payment agreement — Forms 558 and 559

Commercial landlords and tenants agreeing to partial payments use RPI Form 558, and residential landlords and tenants use RPI Form 559. The forms commit to writing the portion of remaining delinquent rent the tenant owes the landlord, the date the balance is due, and when not paid by the due date, what action the landlord may take to enforce payment.

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