Disclosure 101 What Do You Need to Know
The obligation to disclose material facts in a real estate transaction has truly come full circle in the last few decades. Learn the in’s and outs and what you need to know in disclosures.
Disclosures are the most important part of a real estate transaction to protect yourself & clients
3 Hrs Disclosure CE
Lessons
1 – Start Here – Broker’s Obligations to the Client – Disclosure 101 What Do You Need to Know
2 – Easton v. Strassburger – Disclosure 101 What Do You Need to Know
🔊 Listen to Lesson The obligation to disclose material facts in a real estate transaction has indeed come full circle in the last few decades. It was not too long ago, as late as…The obligation to disclose material facts in a real estate transaction has indeed come full circle in the last few decades. It […]
3 – Outlines Duties of Buyers and Their Brokers – Disclosure 101 What Do You Need to Know
🔊 Listen to Lesson Lombardo Court Outlines Duties of Buyers and their Brokers, Declines to Address Whether a Commissioner’s Rule Violation Creates a Private Cause of Action Few courts have addressed the duties of…Lombardo Court Outlines Duties of Buyers and their Brokers, Declines to Address Whether a Commissioner’s Rule Violation Creates a Private Cause of […]
4 – Legal Hotline Q & A for Agents – Disclosure 101 What Do You Need To Know
🔊 Listen to Lesson All information on this page is from the Arizona Association Of Realtors Legal Hotline Click here Agent Must Disclose Defects About Which They Know or Should Have Known FACTS: The…All information on this page is from the Arizona Association Of Realtors Legal Hotline Click here Agent Must Disclose Defects About Which […]
5 – Section 1 Exam – Disclosure 101 What Do You Need To Know
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6 – Obligations to the Non-Client – Disclosure 101 What Do You Need To Know
🔊 Listen to Lesson A broker has no fiduciary duties in the absence of a broker-client relationship. See, e.g., Norville v. Plant, 25 Ariz. App. 606, 545 P.2d 454 (App. 1976). Thus, the disclosure obligations owed to…A broker has no fiduciary duties in the absence of a broker-client relationship. See, e.g., Norville v. Plant, 25 Ariz. App. 606, 545 P.2d […]
7 – A Home Buyer’s Responsibility – Disclosure 101 What Do You Need To Know
🔊 Listen to Lesson Much has been written about a seller’s duties to a buyer when selling a home. However, it is not a one-way street; buying a home brings with it certain responsibilities…Much has been written about a seller’s duties to a buyer when selling a home. However, it is not a one-way street; […]
8 – Material Fact – Disclosure 101 What Do You Need To Know
🔊 Listen to Lesson By law, real estate agents cannot fill out any sellers’ home disclosures unless the agent is the seller or a party to the transaction. However, that doesn’t stop some naive…By law, real estate agents cannot fill out any sellers’ home disclosures unless the agent is the seller or a party to […]
9 – Legal Hotline Q & A for Buyers – Disclosure 101 What Do You Need To Know
🔊 Listen to Lesson All Information on this page is from the Arizona Association Of Realtors Legal Hotline Click here Disclosure 101 What Do You Need To Know FACTS: The buyer went through the…All Information on this page is from the Arizona Association Of Realtors Legal Hotline Click here Disclosure 101 What Do You Need […]
10 – Section 2 Exam – Disclosure 101 What Do You Need To Know
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11 – Latent Defect – Disclosure 101 What Do You Need to Know
🔊 Listen to Lesson What is a Latent Defect? A latent defect is anything that the homeowner knows is a defect in the house. They are things that wouldn’t show in a simple inspection,…What is a Latent Defect? A latent defect is anything that the homeowner knows is a defect in the house. They are […]
12 – Selling a Home Where Drug Activity Has Occurred – Disclosure 101 What Do You Need to Know
🔊 Listen to Lesson Selling a home where there’s been drug activity can be problematic for any real estate agent. There are potential safety issues for you, your team, and prospective buyers when you’re…Selling a home where there’s been drug activity can be problematic for any real estate agent. There are potential safety issues for […]
13 – Disclosure Obligations – Disclosure 101 What Do You Need to Know
🔊 Listen to Lesson Before selling residential property in Arizona, a seller is required by law (a combination of statutes and court cases) to tell the prospective buyer certain things about the property’s physical…Before selling residential property in Arizona, a seller is required by law (a combination of statutes and court cases) to tell the […]
14 – Multiple Offers – Disclosure 101 What Do You Need to Know
🔊 Listen to Lesson The buyer making multiple offers; Often, when the real estate market heats up, buyers get frustrated trying to buy or rent a property. Any hesitation typically causes someone else to…The buyer making multiple offers; Often, when the real estate market heats up, buyers get frustrated trying to buy or rent a […]
15 – Legal Hotline Q & A for Seller – Disclosure 101 What Do You Need To Know
🔊 Listen to Lesson All Information on this page is from the Arizona Association Of Realtors Legal Hotline Click here Seller MAY BE Liable for Lawn Damage Due to Pearl Scale Insect ISSUE: In…All Information on this page is from the Arizona Association Of Realtors Legal Hotline Click here Seller MAY BE Liable for Lawn […]
16 – Section 3 Exam – Disclosure 101 What Do You Need to Know
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17 – Sex Offenders – Disclosure 101 What Do You Need to Know
🔊 Listen to Lesson Do sex offenders have to be disclosed when selling a home? A very good question! As a seller or a seller’s agent, it is important that you understand the rules…Do sex offenders have to be disclosed when selling a home? A very good question! As a seller or a seller’s agent, […]
18 – ADRE Rule and Policy Regarding Providing Information – Disclosure 101 What Do You Need to Know
🔊 Listen to Lesson ADRE RULES AND POLICY STATEMENTS The Arizona Department of Real Estate (“ADRE”) has the authority to promulgate Administrative Rules, which are often referred to as “Commissioner’s Rules” and Substantive Policy…ADRE RULES AND POLICY STATEMENTS The Arizona Department of Real Estate (“ADRE”) has the authority to promulgate Administrative Rules, which are often […]
19 – Limited Legal Exemptions – Disclosure 101 What Do You Need to Know
🔊 Listen to Lesson Limited Legal Exemptions & Exceptions There are numerous laws governing real estate transactions in Arizona. Many of these laws contain certain exemptions and exceptions. Brokers often get questions from out-of-state…Limited Legal Exemptions & Exceptions There are numerous laws governing real estate transactions in Arizona. Many of these laws contain certain exemptions […]
20 – Legal Hotline Q & A – Disclosure 101 What Do You Need to Know
🔊 Listen to Lesson All Information on this page is from the Arizona Association Of Realtors Legal Hotline Click here A Homicide in The Property Need Not Be Disclosed FACTS: The broker represents the…All Information on this page is from the Arizona Association Of Realtors Legal Hotline Click here A Homicide in The Property Need […]
21 – Section 4 Exam – Disclosure 101 What Do You Need to Know
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22 – Questions About Mold – Disclosure 101 What Do You Need to Know
🔊 Listen to Lesson Why the sudden interest in mold? Mold in the home is not new. However, recently there have been many media reports dealing with the potential health effects of mold. There…Why the sudden interest in mold? Mold in the home is not new. However, recently there have been many media reports dealing […]
23 – Septic Tanks – Disclosure 101 What Do You Need to Know
🔊 Listen to Lesson Septic Tanks in Arizona This next section will address our obligations to disclose that a property has a septic tank. Septic tanks are more commonplace in Arizona than most people…Septic Tanks in Arizona This next section will address our obligations to disclose that a property has a septic tank. Septic tanks […]
24 – Divorce/Estate Sale – Disclosure 101 What Do You Need to Know
🔊 Listen to Lesson Divorce: Being a listing agent on a property where the sellers are involved in a divorce can be challenging and frustrating. If the parties are fighting over every matter affecting their…Divorce: Being a listing agent on a property where the sellers are involved in a divorce can be challenging and frustrating. If the […]
25 – Affidavit of Disclosure – Disclosure 101 What Do You Need to Know
🔊 Listen to Lesson The Affidavit of Disclosure was created by an act of the Arizona Legislature and passed into law in 2002 as a result of several highly publicized cases of buyers who…The Affidavit of Disclosure was created by an act of the Arizona Legislature and passed into law in 2002 as a result […]
26 – Legal Hotline Q & A – Disclosure 101 What Do You Need to Know
🔊 Listen to Lesson All Information on this page is from the Arizona Association of Realtors Legal Hotline Click here Significant Change in HOA Operations Should Be Disclosed FACTS: The seller receives an email…All Information on this page is from the Arizona Association of Realtors Legal Hotline Click here Significant Change in HOA Operations Should […]
27- Section 5 Exam – Disclosure 101 What Do You Need to Know
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28 – Bankruptcy – Disclosure 101 What Do You Need to Know
🔊 Listen to Lesson In the next part of this section, we will deal with several matters affecting a seller and their decision to sell the property. The more common of those issues are:…In the next part of this section, we will deal with several matters affecting a seller and their decision to sell the […]
29 – Flipped House – Disclosure 101 What Do You Need to Know
🔊 Listen to Lesson Flipped House For Sale – Does Realtor Have a Duty to Disclose It Was Flipped? In usual circumstances, the realtor or agent attached to the sale of a property may…Flipped House For Sale – Does Realtor Have a Duty to Disclose It Was Flipped? In usual circumstances, the realtor or agent […]
30 – Drug Labs – Disclosure 101 What Do You Need to Know
🔊 Listen to Lesson Properties that were drug labs or clandestine drug labs create a different disclosure challenge. Certainly, the manufacture of illegal drugs is a felony, and a different statute, ARS 12-1000, addresses…Properties that were drug labs or clandestine drug labs create a different disclosure challenge. Certainly, the manufacture of illegal drugs is a […]
31 – EPA – Disclosure 101 What Do You Need to Know
🔊 Listen to Lesson There are two historical dates/timeframes to look at. First, around 1975, the Environmental Protection Agency (EPA) determined that lead in two consumer products, gasoline and paint, was potentially hazardous to…There are two historical dates/timeframes to look at. First, around 1975, the Environmental Protection Agency (EPA) determined that lead in two consumer […]
32 – Legal Hotline Q & A – Disclosure 101 What Do You Need to Know
🔊 Listen to Lesson All Information on this page is from the Arizona Association Of Realtors Legal Hotline Click here Disclosure not required for possession of drugs in the home ISSUE: The seller was…All Information on this page is from the Arizona Association Of Realtors Legal Hotline Click here Disclosure not required for possession of […]
33 – Section 6 Exam – Disclosure 101 What Do You Need to Know
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34 – Final Exam – Disclosure 101 What Do You Need to Know
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