The Easton vs. Strassburger case 1984 helped define a brokers duty to disclose material facts to a potential buyer. Which of the following best to find the disclosure required:
a. A list of obvious property defects and any functional obsolescence.
b. The statement that the property is being sold as is.
c. A recommendation to obtain a professional property inspection.
d. A list of property defects that are known or should be known.
Answer: d. A list of property defects that are known or should be known.
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Which of the following is the BEST advice for using template documents that are available with word processing software?
a. Avoid their use altogether; they are worthless. b. Recognize their shortcomings, and use them cautiously. c. Use the deductive templates, but ignore the inductive and persuasive ones. d. Use them with confidence, as they were developed by experts.