Question: Threre is an old real estate expression when in doubt, disclose. The failure to disclose and misunderstandings about agency are probably two of the primary
Threre is an old real estate expression "when in doubt, disclose." The failure to disclose and misunderstandings about agency are probably two of the primary reasons why buyers and sellers and agents get into litigation. California has extensive disclosure requirements, including many state mandated forms, such as the Transfer Disclosure Statement. Part of California agency law is that you must explain agency to a potential client prior to having them sign any contractlistingbuyerbroker agreement, lease, purchase contract, optionI always try to give clients examples of behavior that wouldwould not be illustrations of the agency responsibilities I have to maintain while representing them or dealing with others. What are some real life" examples you could use to illustrate the concepts when explaning the form to a client.
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