Real Estate TransactionsDuty to DiscloseGeologic HazardsEnvironmental RisksStatutory Duty to Disclose in Real Estate TransactionsNatural RisksNatural HazardsBroker LiabilityBerkeley Electronic Press Selected WorksBinder, DenisSocial Science Electronic Publishing...
When real estate agents guide you through a home for sale, they're required to point out physical or material defects in the property. In most states, a recent death in the home doesn't count. If a death in the home or other stigmas are factors you consider in a home purch...
Real estate agents have a fiduciary duty to their clients, meaning they must act in their best interests and disclose any information that could affect the transaction. Examples of Real Estate Agent Joan hired a real estate agent to help her sell her house. The agent listed the house, staged...
However, disclosure laws in Massachusetts differ significantly for a real estate agent. RealtorsMUSTdisclose any known problems with a home.Finding out your state’s real estate disclosure laws will be critical to your sale. Knowing disclosure laws is something you should be aware of right away f...
A real estate agent has an affirmative duty to voluntarily disclose information to a potential buyer regarding Does a seller's broker have a contractual right to collect a fee from a breaching buyer when the broker lacks? In GA real estate law, a licensee has to do ...
When it comes to fiduciary duty in real estate, the “confidentiality” portion lasts forever—even after a property is closed on. Unless under legal order or instructed to do so by the client, you can’t disclose any private information about your clients or their finances to anyone. The ...
Success Real Estate’s Sudden Closing and Owner’s Alleged Embezzlement Leaves Agents and Buyers Scrambling To Recover Commissions and Deposits by Rich Vetstein on January 11, 2025 in Massachusetts Real Estate Law, Purchase and Sale Agreements, Real Estate Litigation, Real Estate Market, Realtors ...
Like the Miranda warnings given by the police, a real estate agents’ statements “can and will be used against them in a court of law.” The same is true for attorneys. A case in point: In the recent well-publicized case of Feldberg v. Coxall, a Massachusetts judge ruled that a ...
significantly affect how they act during the transaction. State laws regulate whether an agent can represent both parties in a real estate transaction, technically known as “dual agency.”4Agents must disclose whom they represent so that buyers and sellers are aware of any conflicts of interest....
Real estate agents are, by and large, honest and ethical professionals. However, a few of them might lie about the details of their own credentials, the value, and condition of a property, or the amount of interest in a property. To obtain a listing, areal estate agentmay also falsely ...