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Risk Management - Seller Disclosure

Friday, September 07, 2012  
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»Agents must ensure that customers who are selling their properties fully disclose all known conditions of the property.

Under Florida's regulations, a real estate professional working with either a buyer or seller should see that everything is disclosed that materially affects the value of the property even though not readily apparent.

Risk Management Tips of the Week are provided by the ORRA Risk Management Subcommittee as a service to ORRA members. The tips are not a substitute for individual legal consultation. Tips should not be relied upon in specific situations without consulting a real estate attorney.

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