Whether you’re a broker or an agent, understanding of the disclosure requirements in a real estate transaction is very important. When a broker or real estate agent is representing the buyer and the seller, disclosure and consent is required by both parties. However, disclosure of any confidential information to either party requires written authorization. No matter who the broker or real estate agent is representing, there is a duty to be honest to all parties about any known facts which may materially and adversely affect the transaction.
To discuss any duties of disclosure, call Skinner Law Group today at (480) 422-3440 to schedule your real estate consultation.