Real estate blog entries tagged with legal by Dale Bradbury (John L. Scott Real Estate)

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Home : Blogs : Dale Bradbury : Seattle Real Estate : Tag "legal"

legal: Landmark Ruling affects Transactions in WA State - 11/01/07 10:37 PM

Real estate contracts in Washington have undergone an enormous change greatly impacting buyers'future rights against sellers.
On March 1, 2007, the Washington Supreme Court in Alejandre v. Bull applied the Economic Loss Rule for the first time in Washington real estate case law. But it was only until recently that this ruling affected the transactions of real estate agents in Washington state.
Negligence v. Intentional Misrepresentation
On October 15, 2007, the MLS implemented a forms change that forced the buyer and seller to negotiate the level of the seller's responsibility for misrepresentation after the transaction closed. The court determined that because the parties had not negotiated this issue in … (3 comments)

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Dale Bradbury

Kent, WA

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