News & Information: Risk Management Tips

Risk Management - Contract Thoroughness

Friday, October 12, 2012  
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»Agents should go through each sales contract carefully to be sure it's complete and accurate.

In writing a contract, an agent should be sure to use the appropriate contract(s), rider(s), and addenda as well as complete all relevant line items and check all appropriate boxes and avoid making changes to standard verbiage.

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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