The Pitfalls of Failing to Disclose
CRES Insurance Risk Management Webinar Series · CRES Insurance
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Show Notes
The majority of real estate E&O lawsuits are a result of failures to disclose. In
this webinar, Mark Carlson, an attorney from Carlson Law Group, and Dave Miller,
Regional Vice President with Fidelity National Home Warranty, discuss the
pitfalls of failing to disclose.
Whether it’s a simple mistake or an intentional failure to disclose, you can find
yourself in hot water if a buyer discovers major property issues after the
transaction is complete. Real estate agents must be extra diligent to avoid legal
issues.
This comprehensive and informative webinar covers:
What agents should watch out for when inspecting properties
If something looks wrong, why you should ask about it
Dealing with properties that have termite and rodent issues
Working in a ‘hot market’ and the dangers of submitting non-contingent offers
Working as a buyer’s agent or seller’s agent for flipped properties
The concept of ‘interviewing’ sellers
Why getting sellers to fill in their own disclosure forms is crucial
Negligent non-disclosure vs intentional misrepresentation
Inspection periods where there are multiple offers