Have you ever wondered what's considered an "adverse material fact?"
- Is it the barking dog next door to my listing?
- Is it the traffic noise from the adjacent highway?
- Is it my buyer needing a gift from his parents to qualify for his loan?
- Is it the fact that my seller told me the basement flooded two summers ago?
- What about a psychologically impacted property?
The Division of Real Estate continues to receive complaints alleging that the broker knew about and failed to disclose adverse material facts. Whether acting as a single agent or transaction broker, this important uniform duty can prove to be a sticky situation.
Webinar Details
Tuesday, December 15th at 1:00 PM. (Webinar Attendance Only)
On December 15, 2020, Director Marcia Waters will outline the rules and statutes that address these issues, offer some industry best practices, share real-life case studies of brokers who came before the Colorado Real Estate Commission for these types of allegations, and answer your questions. This is a great opportunity to hear directly from Director Waters on this important real estate practice matter.