(Flap Copy) Think It Can't Happen to you? Steer clear of a lawsuit in every type of real estate transaction Real estate professionals, buyers, sellers, and property inspectors are vulnerable to a lawsuit with every transaction. Whether you're a real estate professional or a property owner, this is the ultimate must-have resource for understanding and managing all the important liability issues inherent in real estate transactions. Simple enough for novice buyers, sellers, and real estate agents, but in-depth enough for real estate pros, this one-of-a-kind guide is a great source of information. As an active real estate broker who has served as a consultant and expert witness in hundreds of real estate related lawsuits, Barbara Nichols provides expert advice. She shows homeowners and investors how to minimize their risks and helps agents and brokers spot problems that can lead to lawsuits. With Nichols' thorough coverage, you'll learn everything you need to know about your potential liability in a transaction, and understand your obligations as a real estate professional or property owner. Her advice can be utilized not only in the United States but is practical advice in Canada and elsewhere. As real estate continues to increase in value, the legal stakes for real estate professionals, property buyers, and sellers are higher than ever.
The best way to protect yourself is to understand real estate laws and transaction pitfalls and prevent disputes from ever reaching court. The No Lawsuit Guide to Real Estate Transactions answers your real estate liability questions, and shows you how to cut your risks; protect your property investment and prevent costly lawsuits before they happen. (Back cover copy) The No Lawsuit Guide to Real Estate Transactions "Don't Let the Dream of Property Ownership Turn Into a Nightmare" An experienced real estate broker, Barbara Nichols uses real world examples and taps her extensive knowledge as a real estate expert witness to cover potential liability issues. Whether you're an agent, broker, buyer, seller, or property inspector this complete and comprehensive resource gives you the information you need to protect yourself from lawsuits, with detailed coverage of the most common types of legal issues and how you can avoid getting ensnared in them. The No Lawsuit Guide to Real Estate Transactions arms you with the information you need to protect your career and your property with in depth guidance on these and many more topics: Understanding the issues raised in lawsuits Avoiding problem areas in transactions Handling quotes, contractors and permit issues Dealing effectively with seller repairs and credits Coping with the property inspection process from A to Z Guidance in dealing with mold and mildew Reducing the risk of tenant lawsuits Correctly documenting the transaction and disclosures Defining standard of care and fiduciary duty Handling liability and property injuries Selecting your real estate agent.