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No. Mold is not a required disclosure in Connecticut. Mold does not grow in dry homes so I would investigate the source of the moisture. Once identified, the seller would either need to repair and stop the moisture source or disclose the defect.
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What are the real estate laws in Georgia?
Every Real estate law involves the preparation and negotiation of numerous legal documents. Required disclosure by Georgia Real Estate Law, Brokerage Relationship in Real Estate Transactions Act (BRRETA), to make sure that you are clear on how you can be represented by a Real Estate Broker or affiliated sales person hereafter referred to as "Broker" in Georgia. 1. SELLER AGENCY 2. BUYER AGENCY 3. DUAL AGENCY 4. TRANSACTION BROKER
What degree would one need to become a real estate agent?
A college degree is not required to become a real estate agent, but there are training and classes required in order to obtain a Real Estate license.
Why do real estate companies need their own attorneys?
Real estate companies have their own attorneys for completing real estate transactions. At real estate closings, both parties are required to have an attorney present.
What is an ethical way to undertake real estate lead generation?
Ethical ways to go about real estate lead generation would be prospecting, listings, advertising, negotiations, agent-broker relations, disclosure, and working with buyers.
What makes a real estate broker different from a real estate agent?
Real estate broker & Real estate agent are same both of them will do the same job.Answer:Real Estate Brokers required to have more experience and education, than agents. And also a real estate agent may be a person who works under a registered broker.
What types of courses are required prior to investing in real estate?
Individuals who are interested in investing in real estate are not required to take any courses. However, it is recommended the individual has a background in mathematics or business and attends a basic real estate course before taking the plunge.
What is docrine of disclosure?
Disclosure is required in different contexts, such as real estate transactions and employment law, and is primarily governed by state laws, which vary by state.In employment law for example, persons applying for certain jobs, such as working with children or elderly persons, must disclose if they have criminal convictions. In many instances, the duty to disclose is a continuing one, so that a supplemental disclosure must be made to provide additional information when information originally disclosed is determined to be incomplete or inaccurate.In real estate, disclosure of hazardous or defective conditions is regulated by state law. The law usually requires that potential buyers be told all material facts about the condition of a property for sale.
What is the use of a Colorado real estate license?
A Colorado real estate license is required if you want to become a real estate agent in Colorado. This is a state requirement. The education you need for a license will cost around $500.
What other qualification are beneficial for becoming a real estate agent?
Course RequirementsApplicants for a real estate broker license examination must have successfully completed the following eight statutorily required college-level courses:Real Estate Practice; andLegal Aspects of Real Estate; andReal Estate Finance; andReal Estate Appraisal; andReal Estate Economics or Accounting; andThree* courses from the following listReal Estate PrinciplesBusiness LawProperty ManagementEscrowReal Estate Office AdministrationMortgage Loan Brokering and LendingAdvanced Legal Aspects of Real EstateAdvanced Real Estate FinanceAdvanced Real Estate AppraisalComputer Applications in Real EstateCommon Interest Developments *If both Real Estate Economics and Accounting are taken, only two courses from the above group are required.
Who regulates business brokers?
In the state of Florida Business Brokers are required to have a Real Estate licence and are regulated by the FREC. (Flordida Real Estate Commisssion)
Were to go to school for real estate?
There are a lot of online real estate school on the net. First you should consider your location because there are different state requirements for real estate agents. Check your Real Estate Commission for the required hours needed for you to become a real estate salesperson. I have attached a link for you, they offer cheap real estate courses online and I hear good feedback about this real estate school you should check them out.
Do real estate laws vary form state to state?
Yes, real estate laws can vary significantly from state to state in areas such as property rights, contracts, landlord-tenant laws, and disclosure requirements. It is essential to consult with a local real estate attorney or professional to understand the specific laws and regulations that apply in a particular state.
