Real estate transactions involve significant financial decisions, contractual obligations, negotiations, disclosures, professional advice, and potential risk. Yet one of the most important documents establishing how a consumer will navigate that process is sometimes treated as little more than administrative paperwork: the representation agreement. A buyer may understandably be focused on ...
Continue ReadingBuying or selling real estate already involves considerable documentation. Clients provide identification, financial information, deposit details, corporate records and instructions to several professionals while lawyers, lenders, brokerages and other participants work toward completing the transaction. Occasionally, however, a real estate professional may ask questions that do not appear immediately connected ...
Continue ReadingReal estate transactions involve a remarkable amount of information. Conversations occur between clients, real estate professionals, lawyers, lenders, inspectors, contractors, property managers, accountants, municipal departments and other participants, while decisions are being made about financing, conditions, repairs, timelines, property information, negotiations and contractual obligations. Most of those discussions occur while ...
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