Disclosures...Disclosures...Disclosures (2-Credit Hours)

Understand the Importance of Disclosures in Massachusetts Real Estate

Delve into the legal and ethical obligations of disclosure. You will learn to distinguish between mandatory requirements, forms, and duties to customers under Chapter 93A—such as disclosing known latent material defects, the demand letter from buyer/attorney, the lead disclosure package, and the Home Inspectors Facts for Consumers—and the strategic considerations of optional disclosures. By reviewing seminal case law such as DeWolfe v. Hingham Centre Ltd., you will gain a practical understanding of “reasonable care” and how to effectively manage disclosure issues ranging from easements and zoning to environmental hazards like radon, mold, and Title 5. This training is vital for any licensee looking to safeguard their career against potential litigation while fulfilling their regulatory duty to disclose anything that might affect a buyer’s decision to purchase.