DISQUS

Three · 11 months ago

There is nothing wrong with disclosures and I can't say I have ever seen such a disclosure. There is a standard disclosure form commonly used by real estate agents that is about four pages long. There is a lot of paperwork coming from lenders, but if the transaction is all cash, I don't think the total package including everything would come to 150 pages. More disclosure I think is good for consumers. I think your hypothetical is really off, most lawsuits are brought without attorney encouragement. Personal injury attorneys seek real seriously injured clients a bump to the head is not going to do it. A brain injury would get any personal injury attorney interested.

Get Attorney · 11 months ago

There is a lot of paperwork coming from lenders, but if the transaction is all cash,
I don't think the total package including everything

RobertaMurphy · 11 months ago

In our San Diego real estate practice, we insist on full property disclosures regardless of financing terms. Cash buyers deserve no less than one obtaining a mortgage loan.Buyers have a right to know what they are buying and its history--including any insurance claims made against the property. We also adhere to this philosophy of disclosure with our sellers. That helps protect them against future litigation.

Our goal is to keep real estate transactions out of the courts. That is something we avoid and our clients appreciate.