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Required Disclosures When Selling Stigmatized Property

Property which has been impacted by issues which do not relate to the physical condition of the property is referred to as “stigmatized property.” There is precious little guidance for brokers and agents concerning disclosure obligations when selling stigmatized property. The statutes, case law, and literature in this area is …

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September 2005 Market Report: Real Estate Market Healthy in September

October 25, 2005 - In September, Austin-area properties of all types outsold the previous year. According to the latest Multiple Listing Service (MLS) report from the Austin Board of REALTORS®, the local market remained fertile last month. Single family home sales totaled 2,391, a 34 percent increase from 2004. Their …

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Latest Austin REALTOR® Features ABoR Director Leading Ethics Lecture, Delivers Industry Updates

In the October 2005 issue of Austin REALTOR®, learn about the mandatory lockbox exchange; read about how an ABoR Director leads an ethics lecture at St. Edward’s University: and get details on upcoming ABoR events and happenings, such as a Diversity Committee panel discussion and ABoR Committee sign ups. Read …

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TREC Contracts Revisited

Several months ago I wrote an article about a buyer’s right to terminate TREC contracts the provisions of the Addendum for Property Subject to Mandatory Membership in an Owner’s Association and as a result of a seller’s failure to deliver a seller’s disclosure notice. This Legal Topics article, TREC Contracts …

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