The Terms And Conditions Of A Real Estate Purchase Agreement Must Remain Confidential

REALTORS® exaggerate, misrepreserated or conceal relevant facts related to the property or transaction. REALTORS® is not required, however, to identify latent defects in the property, to advise on matters outside the scope of their real estate license, or to disclose facts that are confidential in the context of agency or non-agency relationships within the meaning of national law. (Modified 1/00) [Hearing] In such situations, it is best for the buyer and seller to have a clear discussion about what is included (with respect to faucets) in the sale of the property before any agreement is signed. If REALTORS does not participate in the sale or rental of a place of residence, REALTORS may transmit ® demographic information relating to a property, transaction or professional assignment to a party if this demographic information is (a) deemed necessary by REALTOR® to support or conclude a real estate transaction or professional assignment pursuant to Article 10, and b) is extracted from a recognized, reliable, impartial and independent source. The source of this information and the additions, deletions, changes, interpretations or other changes must be communicated in detail. (Accepted 1/05, new number 1/06) While the code of ethics establishes obligations that may be greater than those prescribed by law, in all cases where the code of ethics and the law conflict, the duties of the law must prevail. Even if the buyer and seller accept “property financing” as an option to finance the sale of the house, a debt title with the sales contract is also used. A serious money deposit can be credited from the sale price (sometimes applied to the down payment) at closing, but may expire if the buyer is late. It ensures that the buyer takes seriously the obtaining of the necessary financing and the respect of the other conditions necessary to purchase the property. REALTORS® must not allow access to listed property on conditions other than those set by the owner or stockbroker. (Suppose 1/10) The benefits are expenses or benefits shared between the buyer and the seller. General transactions calculated for real estate transactions include property taxes, mortgage insurance and utilities.

Section 15 (Case Interpretations for Section 15) REALTORS® must not, knowingly or lightly, make false or misleading statements about other real estate professionals, their businesses or business practices. (Modified 1/12) [Hearing] The purchase of an offer is not illegal and does not constitute a violation of the broker® code of ethics as long as it is done with the seller`s consent. Indeed® code of ethics, the broker obliges buyers` representatives to inform potential buyers or tenants that their offer should not be treated confidentially. Standard practice 1-13 #5 requires a buyer to be informed of “the possibility that sellers or sellers` representatives may not be able to consider the existence, terms or conditions of the offers to be confidential, unless confidentiality is required by law, by law or by a confidentiality agreement between the parties.” (Accepted 1/93, new number1/98, modified 1/06) Real estate financing refers to the process of paying for a real estate purchase over time and not as a package.