Standard Form Essentials: The Property Disclosure Statement
In Standard Form Essentials: The Property Disclosure Statement, REALTORS® will identify their and their clients’ disclosure requirements regarding patent defects, latent defects, material latent defects, and stigmas. They will also review the requirements for and benefits of using a Property Disclosure Statement (PDS) to make appropriate disclosures.
By the end of this course, learners will have studied all the questions on the Property Disclosure Statement Residential and gained vital practice tips and follow-up questions they can use to do their due diligence. They will be able to explain the disclosure requirements regarding radon and cannabis, specifically, and be able to insert applicable clauses into the Contract of Purchase and Sale (CPS), as necessary.
This course reminds Realtors of how valuable a completed PDS can be in reducing transactional risk for buyers, sellers, and Realtors alike.
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