Caveat REALTOR®

Latest Episodes:

Caveat REALTOR®: Defaulting Tenants Oct 23, 2018

Show notes

This week, the Virginia REALTORS® legal team continues Property Management Month with a discussion of how to deal with defaulting tenants. Jon and Cate talk about the different ways in which tenants can default under a lease, and how the VRLTA allows you to handle those situations. They talk about failure to pay rent, unauthorized animals, and criminal activities on the property. Finally, they answer some real questions from the Legal Hotline.

Caveat REALTOR®: Tenant Move-Out Inspection Oct 16, 2018

Show notes

This week, the Virginia REALTORS® legal team continues our Property Management series with a look at tenant move out inspections. Cate and Jon talk about the notice requirements for tenant move out and how they affect your deadlines to conduct the move-out inspection. They discuss the benefit of using a move-out inspection form, and they tell you what you should do if you discover additional damage after the move-out inspection.

Caveat REALTOR®: Evictions Oct 09, 2018

Show notes

This week, the Virginia REALTORS® legal team continues Property Management Month by discussing the eviction process. Jon and Cate talk about what notice is required to tenants before beginning the eviction process, as well as the legal steps necessary to obtain a writ of possession. They also answer some legal hotline questions and discuss how property managers can limit their risk during the eviction process.

Caveat REALTOR®: Tenant Applications Oct 02, 2018

Show notes

This week, the Virginia REALTORS® legal team begins property management month with a discussion of the tenant application process. Cate and Jon discuss application fees, who needs to sign the lease, and what you can (and cannot) ask as part of the application process. They also talk about Fair Housing issues that often come up in the tenant selection process. Finally, they discuss best practices to help you limit your risk.

Caveat REALTOR®: Contracts 101 Sep 25, 2018

Show notes

This week, the Virginia REALTORS® legal team takes everyone to school with Contracts 101. Jon and Laura discuss the basics of contract law, including how to accept an offer, the difference between unilateral and bilateral contracts, and whether an EMD is necessary to make a valid contract. They also answer some legal hotline questions, including whether you can write a contract with a settlement date two years in the future.

Caveat REALTOR®: Radon Sep 18, 2018

Show notes

This week, the Virginia REALTORS(R) legal team discusses issues surrounding radon. Cate and Jon talk about how radon gets into homes, how you test for it, and how you can cure high levels. They also answer some questions from the hotline, such as whether you need two separate companies to test, mitigate, and retest. Finally, they explain how you can limit your risk as a REALTOR when dealing with radon testing.

Caveat REALTOR®: HUD and Facebook Sep 11, 2018

Show notes

This week, the Virginia REALTORS® legal team discusses the recent Fair Housing complaint filed by HUD against Facebook. Laura and Erin talk about how to protect yourself while advertising on Facebook, as well as other platforms, if you want to use targeted advertising.

Caveat REALTOR®: License Status Disclosure Sep 04, 2018

Show notes

This week, the Virginia REALTORS® legal team talks about the disclosures you must make when you as a licensee are buying or selling a home. Cate and Erin discuss the requirements from both the Virginia Real Estate Board and the Code of Ethics. They also answer some legal hotline questions, including what to do if you’re a licensee in Virginia but are selling a property in another state.

Caveat REALTOR®: Unrepresented Buyers Aug 28, 2018

Show notes

This week, the Virginia REALTORS® legal team continues the discussion about unrepresented parties in a real estate transaction, this week focusing on the unrepresented buyer. Cate and Erin discuss what you as a licensee can and can’t do for an unrepresented party, particularly when it comes to offering your professional judgment. They then answer some questions from the legal hotline, including what to do if a prospective buyer refuses to sign a disclosure sheet.

Caveat REALTOR®: Buyer Agents and FSBOs Aug 21, 2018

Show notes

This week, the Virginia REALTORS® legal team discusses some best practices for buyer agents when dealing with For Sale By Owner properties (FSBOs). Cate and Erin discuss the importance of the one-time showing agreement, as well as some negotiating tactics to use. They also answer some real-life questions from our members and tell you how to limit your risk when dealing with FSBOs.

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