BROKER HAS FIDUCIARY DUTY TO DISCLOSE TO THEIR CLIENT, MATERIAL INFORMATION KNOWN TO ANY OF THE BROKER’S AGENTS

• Post published:July 18, 2010
• Post category:Disclosure/Real Estate

Continue ReadingBROKER HAS FIDUCIARY DUTY TO DISCLOSE TO THEIR CLIENT, MATERIAL INFORMATION KNOWN TO ANY OF THE BROKER’S AGENTS

ESCROW AGENT’S DUTY TO COMPLY WITH LENDER’S INSTRUCTIONS FOR THE DISBURSEMENT OF FUNDS CONTINUES EVEN AFTER THE CLOSE OF ESCROW

• Post published:July 17, 2010
• Post category:Escrow/Real Estate

Continue ReadingESCROW AGENT’S DUTY TO COMPLY WITH LENDER’S INSTRUCTIONS FOR THE DISBURSEMENT OF FUNDS CONTINUES EVEN AFTER THE CLOSE OF ESCROW

CONTRACT LANGUAGE ADVISING BUYER TO INVESTIGATE CONDITION OF PROPERTY BEFORE RELYING UPON AGENT’S STATEMENTS DOES NOT PROTECT AGENT FROM LIABILITY

• Post published:June 26, 2010
• Post category:Fraud/Real Estate

Continue ReadingCONTRACT LANGUAGE ADVISING BUYER TO INVESTIGATE CONDITION OF PROPERTY BEFORE RELYING UPON AGENT’S STATEMENTS DOES NOT PROTECT AGENT FROM LIABILITY

HOME MORTGAGE LENDER MAY BE LIABLE TO BORROWER FOR MARK-UP OF LOAN TRANSACTION COSTS

• Post published:June 26, 2010
• Post category:Real Estate/RESPA

Continue ReadingHOME MORTGAGE LENDER MAY BE LIABLE TO BORROWER FOR MARK-UP OF LOAN TRANSACTION COSTS

FAILURE TO MEDIATE, WHEN REQUIRED BY CONTRACT, CAUSES THE PREVAILING PARTY TO FORFEIT RECOVERY OF ATTORNEY FEES

• Post published:June 26, 2010
• Post category:Mediation/Real Estate

Continue ReadingFAILURE TO MEDIATE, WHEN REQUIRED BY CONTRACT, CAUSES THE PREVAILING PARTY TO FORFEIT RECOVERY OF ATTORNEY FEES

REAL ESTATE AGENTS SHOULD NOT GET FINANCIALLY INVOLVED WITH THEIR CLIENTS

• Post published:December 6, 2006
• Post category:Real Estate

Continue ReadingREAL ESTATE AGENTS SHOULD NOT GET FINANCIALLY INVOLVED WITH THEIR CLIENTS

A NEIGHBOR’S CONTINUED USE OF A BANK’S PARKING LOT CAN BECOME A PERMANENT RIGHT OF WAY BY PRESCRIPTIVE EASEMENT

• Post published:August 14, 2004
• Post category:Easements/Real Estate

Continue ReadingA NEIGHBOR’S CONTINUED USE OF A BANK’S PARKING LOT CAN BECOME A PERMANENT RIGHT OF WAY BY PRESCRIPTIVE EASEMENT

SELLER’S FAILURE TO DELIVER TRANSFER DISCLOSURE STATEMENT TO BUYER GIVES BUYER THE RIGHT TO CANCEL THE PURCHASE EVEN THOUGH BUYER INTENDS TO DEMOLISH THE BUILDING

• Post published:July 14, 2003
• Post category:Disclosure/Real Estate

Continue ReadingSELLER’S FAILURE TO DELIVER TRANSFER DISCLOSURE STATEMENT TO BUYER GIVES BUYER THE RIGHT TO CANCEL THE PURCHASE EVEN THOUGH BUYER INTENDS TO DEMOLISH THE BUILDING

A BUYER’S CLAIM AGAINST A HOME INSPECTOR ACCRUES WHEN THE BUYER DISCOVERS OR SHOULD HAVE DISCOVERED THE INSPECTOR’S NEGLIGENCE

• Post published:March 14, 2003
• Post category:Real Estate/Statute of limitations

Continue ReadingA BUYER’S CLAIM AGAINST A HOME INSPECTOR ACCRUES WHEN THE BUYER DISCOVERS OR SHOULD HAVE DISCOVERED THE INSPECTOR’S NEGLIGENCE

NEW HOME PURCHASE CONTRACTS OF “ADHESION” ARE NOT ENFORCEABLE

• Post published:August 14, 2002
• Post category:Contract/Real Estate

Continue ReadingNEW HOME PURCHASE CONTRACTS OF “ADHESION” ARE NOT ENFORCEABLE