Topic · 9 policies
Disclosures & material facts
Material facts, property condition, stigmas, documenting disclosure
- 7.16Disclosure of Material FactsThe Company policy is to disclose all materials facts at all times. Associates must instruct their principals to do the same. State real estate licensing law provides…
- 7.17Property Disclosure StatementsState laws require that a seller of real property consisting of one-to-four residential dwelling units deliver to prospective buyers a specified written disclosure…
- 10.39Material Facts Must Be DisclosedMaterial facts or information about a property must be disclosed. If the seller knows the roof leaks, informs the agent of this fact, and asks the agent to keep the…
- 10.40Non Disclosure of Material FactsA major ethical obligation of the licensee is to make full disclosure of any material facts regarding a property. An agent must obey the instructions of his principal…
- 14.4Physical Condition of PropertyIn accordance with the REALTOR® Code of Ethics, Real Estate Commission Rules, and the State real estate licensing law, the policy of the Company is to disclose to all…
- 14.5“Stigmas” on PropertyMost state laws require that sellers disclose the fact that a property was occupied by a person who died in the property. Most state laws also require a Megan’s Law…
- 14.6Documentation of DisclosureAs is apparent, the Company advocates full disclosure in appropriate circumstances. However, all the disclosure in the world does no good if it cannot be proven. While…
- 14.26Intentional Concealment- Non Disclosure of Material Fact (as opposed to False Representation) - Intent to Deceive - Misleading Statement was Relied Upon by Complainant - Actual Damages Result…
- 9.1Agents Visual Inspection and Material FactsCompany policy is for Associates to educate themselves and learn about all of the material facts and potential environmental hazards that could possibly affect a client…
