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As far as disclosures goes, would you not say anything or just disclose "buyer is related to agent" in the purchase contract?

2006-08-09 06:45:34 · 9 answers · asked by madjazz 2 in Business & Finance Renting & Real Estate

9 answers

Ask your broker. I say you should only because I recently saw an agent getting a place he had listed for his ex and he almost managed to talk his client into accepting a really low ball offer. Not revealing it may just smack of deceit

2006-08-09 08:11:39 · answer #1 · answered by erin7 7 · 0 0

The divorce degree legally dissolved your familial relations between the two of you, unless the decree states otherwise (like joint custody of children).
You are not "related" to your ex-wife, if your divorce was correctly filed, executed and documented in the county of record.
You may disclose you are related as the ex-husband should any specific state law or statute require something so draconian. For this issue, over disclosure doesn't violate any laws, so you probably are OK going either way on this one.

2006-08-09 16:07:28 · answer #2 · answered by rightonrighton 3 · 0 0

Wow, what a great opportunity to get back at the ex! If I were you I would disclose to your ex that you are representing the seller and also disclose that you once were married to the buyer and let the games begin!

2006-08-09 15:52:54 · answer #3 · answered by larry r 3 · 0 0

Not to be glib but the proper disclosure in the purchase and sale agreement might read "buyer was related to agent"

2006-08-09 15:32:56 · answer #4 · answered by special agent 1 · 0 0

Disclose Disclose Disclose!!! Plain and simple.

2006-08-09 14:05:05 · answer #5 · answered by s 1 · 0 0

Good question because technically you are not still related to her but I'm not sure. When in doubt, CYA, disclose, disclose, disclose.

2006-08-09 19:11:20 · answer #6 · answered by Karen R 3 · 0 0

Make sure the roof collapses, plumbing doesn't work, and a memember of Hezbollah is her neighbor.

2006-08-09 13:48:42 · answer #7 · answered by Talent on loan from god! 1 · 0 0

You should pose this question to your realtor office. You have a code of ethics you are bound by...ask if you don't know.

2006-08-09 13:48:22 · answer #8 · answered by dm_dragons 5 · 0 0

DISCLOSE IT. IN THE STATE OF OHIO YOU ARE REQUIRED TO DISCLOSE IT.

2006-08-09 14:48:39 · answer #9 · answered by sammyjk1 3 · 0 0

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