Nevada Seller’s Real Property Disclosure Form
CRES Insurance Risk Management Webinar Series · CRES Insurance
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Show Notes
What duties do Nevada real estate sellers’ agents have regarding the Seller’s Real Property Disclosure Form?
A new Seller’s Real Property Disclosure Form (SRPD) was released in Nevada in September 2021. In this webinar, Kathryn Holbert from Nevada Real Estate Law and Dave Miller, Regional Vice President with Fidelity National Home Warranty, talk about the amended duties of sellers’ agents regarding handling the SRPD.
This informative webinar covers:
The statutory duties for licensees and brokers
Why it’s essential for real estate professionals to understand and use the new form
Why it’s critical the seller completes the form and NOT the broker or licensee
How translating the form for the seller can lead to a lawsuit and should be avoided
The difference between ‘factual’ and ‘legal’ questions and how the broker or licensee can minimize risk when fielding questions from clients
The impact of incomplete forms and who is responsible for following up before escrow closes
Why the form is so important to buyers to make an informed decision about a property