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Not all Attorney's know Real Estate Disclosure laws.

By
Real Estate Broker/Owner with WHISPERING PINES REALTY 20398180

It is true, many do not know ALL the laws on disclosure.

Have a networking breakfast with some other local agents one told about a past client that decided his attorney was cheaper.

The attorney failed to advise his client about ALL the disclosures that are mandatory in a Real Estate transaction.

The client was being sued by the buyer for failing to disclose work done on the septic.

The that was done was sub-par and in this cold weather the costs was high to have it fixed.

Moral of the story...

Make sure if you are using an attorney to do your real Estate deal that that person knows what they re talking about!!!

 

Vern Eaton
Askov, MN
Realtor 651-674-7449

Bill, that is a great poit.   There are many aspects of law and you need someone that knows the ropes of a real estate transaction

Jan 23, 2017 01:35 PM
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

William 

Take would be correct . . . .

Good luck and success.

Lou Ludwig

Jan 23, 2017 08:01 PM
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Attnys, like real estate agents, some are very good at what they do, and others are not.

Jan 24, 2017 09:48 PM
Larry Riggs
Century 21 Redwood - Frederick, MD
GRI, SRS Your Frederick County Specialist

I am a CE instructor and I remember having quite a discussion with an attorney in one of my classes. The issue was Maryland law concerning good faith deposits. Here the law covers how much time a broker has to deposit after contract. I have also been involved in divorce cases where one of the spouse's attorney was giving advice that was not in keeping with the law. Of course as a licensee the last thing I would do is tell a client their attorney was giving them bad advice. I really would like to keep my license!

Feb 06, 2017 10:23 AM