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In the United States, a seller disclosure statement is a form disclosing the seller's knowledge of the condition of the property. The seller disclosure notice or statement is anecdotal and does not serve as a substitute for any inspections or warranties the purchaser may wish to obtain. It also does not serve as a warranty of any kind. [1]
A typical real estate contract specifies a date by which the closing must occur. The closing is the event in which the money (or other consideration) for the real estate is paid for and title (ownership) of the real estate is conveyed from the seller(s) to the buyer(s). The conveyance is done by the seller(s) signing a deed for buyer(s) or ...
A Pennsylvania woman has appealed to the state Supreme Court in her lawsuit against a homeseller and real estate agent who failed to disclose that a murder-suicide had taken place in the house she ...
Open Agency: A seller can enter into an agreement to sell their property with more than one brokerage in open agency listings. The seller must pay a commission only to the brokerage which brings the buyer for the real estate. Typically, if the seller finds the buyer him/herself, the seller does not have to pay a commission. [1] [3]
(The Center Square) – Despite a recent lawsuit affecting real estate commissions, a new survey shows home sellers still prefer hiring a real estate agent for the transaction. In the settlement ...
According to a recent survey from Clever Real Estate, 73% of home sellers stated that using a real estate agent was the best way to list their property. However, a recent report from Realtor.com...
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