At What Exact Point Has a Closing Occurred?
Contracts have specific guidelines that determine the moment a transaction officially closes – and if calls to Florida Realtors Legal Hotline are any indication, it may not be when you think.
RESPA Overview – And Why You Should Know This
RESPA prohibits giving or receiving a thing of value for the referral of settlement service business for some mortgage loans. The law can be complicated, but it’s important to understand all of it to avoid potential future fines.
Top Claim Against Agents: Failure to Disclose
Not revealing known property defects to a buyer – a common problem in real estate, studies show – can land you in court. Follow these best practices to avoid liability.
Disclosing Family Interest: Does Father-in-Law Count?
Dear Shannon: The Code doesn’t list “father-in-law” as a relationship Realtors must disclose, yet after my father-in-law submitted the highest and winning bid to a seller I represented, the seller filed an ethics complaint claiming I should have disclo…
What Form Is Used the Most – and the Least?
What contract is most popular? What riders are most and least used? If you’re curious which forms lead the pack and which bring up the rear, this article is for you.