WorldFinanceOnline.com » broker http://www.worldfinanceonline.com www.worldfinanceonline.com Thu, 29 Jul 2010 09:45:22 +0000 en hourly 1 http://wordpress.org/?v=3.0 Can a real estate broker and a lawyer start a real estate company together? http://www.worldfinanceonline.com/2010/01/can-a-real-estate-broker-and-a-lawyer-start-a-real-estate-company-together/ http://www.worldfinanceonline.com/2010/01/can-a-real-estate-broker-and-a-lawyer-start-a-real-estate-company-together/#comments Sat, 30 Jan 2010 09:47:18 +0000 World Finance Online http://www.worldfinanceonline.com/2010/01/can-a-real-estate-broker-and-a-lawyer-start-a-real-estate-company-together/ a

]]> My fiance is considering becoming licensed to sell real estate. I am a first year law student. I have learned a little about real estate transactions and how they work. I understand the roles of both the broker and the attorney, but I'm wondering if my husband-to-be and I will be able to use our skills together to start our own business. Will I have to have a separate practice, or can the real estate lawyer be a part of the broker's company?

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]]> http://www.worldfinanceonline.com/2010/01/can-a-real-estate-broker-and-a-lawyer-start-a-real-estate-company-together/feed/ 1 What can a real estate agent and broker require you to sign in a real estate deal? http://www.worldfinanceonline.com/2010/01/what-can-a-real-estate-agent-and-broker-require-you-to-sign-in-a-real-estate-deal/ http://www.worldfinanceonline.com/2010/01/what-can-a-real-estate-agent-and-broker-require-you-to-sign-in-a-real-estate-deal/#comments Sat, 30 Jan 2010 09:45:05 +0000 World Finance Online http://www.worldfinanceonline.com/2010/01/what-can-a-real-estate-agent-and-broker-require-you-to-sign-in-a-real-estate-deal/ a

]]> I am in escrow on some property in which the seller and his real estate agent were not very forthcoming in their disclosure statements. Through a third party I found out some things about the property that are detriments (such as occassional flooding) but I am willing to overlook them and still purchase the property. I have released all my contingencies and we have a close date set.

My real estate agent happened to tell the seller's real estate agent that we found out some of these things on the property – most importantly about the flooding – and now the selling real estate agent wants me to sign a bunch of documents listing out what I found out as if she had told me about them. I don't want to do it – it took considerable effort for me to uncover these issues and I have already signed off on contingencies. I don't think I need to also let her off the hook as if she had disclosed these things to me – she did not. Can the realtor force me to sign these?
I am asking if a real estate agent can legally force me to sign informal and misleading documents in order to progress with the purchase? The seller and I have already signed all legal documents as outlined in our legal contract.

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