Real Estate Support Systems, Inc.
ERRORS & OMISSIONS, PROFESSIONAL LIABILITY INSURANCE About RESSI
 
 
From a REALTOR® Risk Management Perspective  
 
  • Use of outside experts
  • Ongoing education and training
  • Disengage from difficult clients
  • Disclose, Disclose, Disclose!
  • Document, Document, Document!
 
Source: Rose Marie Phillips, CRB, SCRP, Corporate Vice President, Carlson/Norwood Real Estate Better Homes and Gardens  
   
STANDARD OF CARE  
Duty to conduct..."a reasonably competent and diligent inspection of the residential property listed for sale and to disclose to prospective purchasers all facts materially affecting the value or desirability of the property that such an investigation would reveal."  
Source: Easton V. Strassburger (1984) 152 Cal.App.3d90,102.  
 

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