•To protect the parties to a contract and to reduce their liability, licensees should use a Seller's Real Property Disclosure Statement,
-This disclosure is a detailed fact sheet about a property, prepared and signed by the seller and given to a buyer before the contract is signed. The seller describes any defects in the property that may affect its value. The licensee should avoid helping the seller prepare this form
Courtesy of Rowlett Real Estate School, Captain Wayne Rowlett
www.rowlettrealestateschool.com
P.Stone, RRES
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