A variety of legal requirements bind real estate professionals. They work with contracts and negotiations, so they need a solid risk management plan as part of their standard operating procedures. This can protect them from fines and other legal action. Because real...
Real Estate Law
4 common reasons a real estate agent may be sued
Most real estate agents work diligently to effectively facilitate property transactions. Their expertise and guidance are invaluable, yet this responsibility comes with potential legal risks. Missteps or oversights by real estate agents can sometimes lead to lawsuits,...
When a former client reaches out about an impending foreclosure
Licensed Florida real estate agents are required to understand the technicalities that govern real estate transactions. Their responsibilities include helping clients review documents, inspect properties, counter offers and manage the closing process. Oftentimes, a...
2 reasons real estate professionals require legal support
Real estate professionals have to take special courses and then pass a state test to obtain a license. They also have to meet certain professional and ethical standards to join national and local professional associations. Real estate agents dedicate their...
Will you have to testify as an agent if your buyer sues a seller?
When you represent a buyer purchasing real estate, you try to help them find a property that meets their needs and is in the best condition possible given their budget. You probably want to imagine that they enjoy living in that house for many years. Unfortunately,...
Real estate professionals shouldn’t use staging to hide defects
When the real estate market is hot, buyers will often make competitive offers and may choose to overlook major issues at properties. Buyers may accept a property with problems like a bad foundation or a leaky roof in their desperation to secure a home. As the market...
Do you understand the Florida foreclosure process?
As a real estate professional, your main job is to help people manage a real estate transaction. You help sellers maximize the curb appeal of their property to push buyers into a bidding frenzy, or you help buyers wade through the market and find the right house for...
What are the benefits of a client buying enhanced title coverage?
As a real estate professional, you help your clients make informed decisions when buying or selling a property. You know how to help them choose the right property and minimize their risks during and after the closing. Protecting an ownership interest is crucial to...
What purpose does a quiet title action serve?
Are you currently involved in a property dispute where both you and someone else claim rights to the same piece of land or home? Have your attempts to resolve differences of opinions about the property's ownership led to nowhere? If so, then your situation might...
The risk you take by telling clients to waive inspection on a home
Remote workers prioritizing affordable housing over popular neighborhoods and a general lack of inventory have led to a very competitive real estate market. Most sellers expect to see offers within a few days of listing. They also probably expect to sell their house...