A condo seller secured a sales contract, but the condo association has Right of First Refusal and opted to buy the condo under the contract’s terms. If the seller doesn’t want to sell to the association, can they cancel the contract altogether?
When asked about the Kick Out Clause vs. a Right of First Refusal, most Realtors say, “I know they’re not the same thing – but I can’t tell you how they’re different.” Here’s a rule of thumb: The Right of First Refusal usually stems from something exte…
The Code of Ethics has been around for over 100 years. It’s a dynamic document, ever evolving and adapting with the real estate industry. Changes generally go into effect at the beginning of the year. Here’s what’s new in 2023.
When a buyer asks a question, such as one about crime rates, a Realtor serving as their best friend in the real estate industry feels compelled to give an honest answer. But that puts you in a tenuous position because you could be violating the Fair Ho…
When providing real estate services, sales associates and broker associates often have broad autonomy. When receiving and handling money, however, license law limits their options.