Real Estate Disclosures And Expert Reports
- Topics:
- Market Studies
- Tags:
- Business Operations,
- Chet Boddy,
- Real Estate
- Source:
- Chet Boddy
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Overview: Some of the old-timers remember when real estate contracts were written on one page. There were no mandatory disclosures because the traditional approach to real estate was caveat emptor (let the buyer beware). The current residential purchase agreement is now 11 pages long and the trend is clearly in favor of protecting the rights of consumers. Real estate, on the other hand, is unique, immovable, constructed on-site by multiple professions (including owners and amateurs), and is affected by the land it occupies and everything which surrounds it.
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Format: HTML | Date: Jan 2003 | Pages: 1
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