Open AccessDisclosure In Real Estate Sales - Forensic Engineering Experience
Author(s) -
Norman L. Cooper
Publication year - 2000
Publication title -
journal of the national academy of forensic engineers
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.102
H-Index - 1
eISSN - 2379-3252
pISSN - 2379-3244
DOI - 10.51501/jotnafe.v17i2.581
Subject(s) - real estate , business , estate , forensic accounting , state (computer science) , marketing , actuarial science , advertising , accounting , finance , computer science , algorithm , audit
Disclosure Of Defects By Sellers Of Real Estate And Disclosure Of Qualifications By Home Inspector Are Important Consumer Law In Several States. When These Disclosures Are Ignored Or Incomplete, Sellers, Buyers, And Inspectors Can Suffer Large Losses. This Is Demonstrated In A Recent Forensic Engineering Case. Realtors Need To Educate Sellers And Buyers On Disclosure Requirements, Should Not Recommend Nor Regulate Inspectors Because Of Conflict Of Interest, But Should Recommend Hiring Qualified State Licensed Professional Engineers.