May 2016: Real Estate Roundup

A final word on property disclosure forms

Lance Evans

Lance Evans

In March and April, I wrote about two state-required real estate forms. The first was the Agency Disclosure form, which is used by real estate licensees every time they work with a new client or customer in a residential real estate transaction. This includes a provision for advanced consent for the firm to represent both the seller and buyer in the transaction. There is a form for the seller/buyer transaction and a separate one for the landlord/tenant transaction. The other form, used in almost every transaction that involves the sale of a one- to four-unit home is the Seller Property Condition Disclosure. [Read more…]

March 2016: Real Estate Roundup

Understanding residential transactions

Lance Evans

Lance Evans

In the coming months, I will discuss some common forms a buyer or seller encounters during a real estate transaction starting with the Agency Disclosure Form. This is the one form you should see in any transaction involving real estate agents and sales of property ranging from single-family residences to four-family homes. Remember that all parties should always be given a copy of any contract or form that is signed. [Read more…]