Barb Schlinker The Real Estate Voice

Legal Real Estate Clauses that Help You or Hurt You in a Real Estate Transaction and What You Can Do About ThemIn the last segment we talked about how it’s a seller’s market, which means, in many cases, the home sellers get to choose from multiple offers, but it is a legal transaction. There are some legal clauses in real estate contracts that can help you or hurt you in a real estate transaction, tell us about some of them.First of all make sure you hire a real estate agent that knows the contracts.  Many do not.Some shove a 20-page agreement in front of the buyers and sellers and tell them to sign it without explanation.  It’s actually not required.But I believe it’s malpractice to work that way.Here are some Legal Landmines Home Buyers and Sellers Need to understand:Many agents will cut and paste legal language given to them by another agent or broker because they think it may ‘protect’ their clients.Here are a few of my favorites:Any other documentation and/or disclosures in the seller's possession t