If you need a break, try one of the other activities listed in tabs like Matching, Snowman or Hungry Bug. Although you feel like you`re playing a game, your brain makes even more connections with information to help you. This case does not require detailed explanations – the way Beverly dealt with this case was clearly inappropriate. In the event of a conflict of interest, officers must always make full disclosure in writing. This does not resolve the conflict of interest, but timely disclosure should exclude the possibility of being sued about it. A difficult result? Yes, but a good one. Sally should have let George`s lawyer draw this rule if it were not for the contract. It is customary for the seller`s lawyer to do so. The particularly thorough agent may also let his own lawyer look at the provision, but since the agent`s lawyer does not represent the seller, it is not appropriate for that lawyer to be involved, unless specifically requested. You can also move the cards as follows with the keyboard: You, the buyer`s representative, are involved in a difficult negotiation for a buyer. It`s on an owner guarantee and listing agent suggests that both of you share the cost. She does not want her seller to know because not only did her seller refuse to pay the guarantee, but she also told her that he did not want her to participate in the transaction in any way.
She wants to do it “under the table” so that neither the buyer nor the seller knows what happened. What would you do? The case of the confused condition Sally, an agent, listed land for residential purposes that she believed to be reissued for commercial use. John, the buyer, made an offer based on obtaining a change of area to allow commercial use. The offer was presented on a filling form normally used for the purchase and sale of residential real estate. Sally added on the form: “This agreement depends on the buyer who receives a reallocation of the property for commercial purposes.” The offer was signed by John, then accepted and countersigned by George, the seller. This article examines some of the more frequent liability claims against commercial real estate agents.