Property Condition Disclosures – FAQs
FAQ - November 22, 2020
Welcome Virginia REALTORS®
FAQ - November 22, 2020
This case demonstrates the importance of fully disclosing one’s past to the Board when applying for a salesperson’s or broker’s license and keeping the Board informed if a real estate licensee pleads guilty or no contest, is convicted or found guilty of a misdemeanor involving moral turpitude, sexual offense, drug distribution or physical injury, or any felony.
Article - October 2020
Cate and Jon discuss changes to the purchase contract and septic language in the Standard Clause Booklet.
Podcast - September 8, 2020
This case study highlights the importance of reporting disciplinary action taken against a licensee who holds real estate licenses in multiple states to the real estate board in a timely manner.
Article - September 2020
This case highlights the importance of delivering documents to your clients, whether they have been requested or not.
Article - July 2020
This case study highlights the importance of disclosing a licensee’s interest in the transaction, regardless of the role he or she plays in the transaction, and engaging in behavior that is honest and not deceptive to the public.
Article - June 2020
Beware of these most common Real Estate Board violations by licensees. You’ll notice one common theme: escrow funds. Violations involving escrow funds continue to be some of the most frequently violated regulations for real estate licensees. Brokers, make sure you have policies in your office policy manual and provide education to prevent you and your licensees from engaging in any of these common offenses.
Article - April 2020
You all know “it depends” is our favorite answer, so let’s see how (and when) that can apply to disclosures!
Podcast - February 4, 2020
Video - December 19, 2019
Staging is the act of presenting a property in the best light to allow it to sell as quickly as possible. That can include everything from changing the paint colors in the living room to completely emptying the house and bringing in rental furniture and fixtures. For the latter, though, it might make sense to hire a home stager. But there’s a relatively new option in town: “virtual” staging.
Article - December 2019