The COVID-19 Addendum to the Agreement of Sale can be used to modify the terms of the sales agreement in the event third-party services become unavailable or so limited that meeting deadlines in the sales agreement are impossible or impractical.
Gov. Tom Wolf signed a new executive order today protecting homeowners and renters from eviction or foreclosure until Aug. 31, if they are not already receiving relief through a state or federal foreclosure moratorium programs or judicial orders.
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“NAR has heard from both members and consumers there is a demand for homes in rural areas and small towns that provide not only larger homes, but acreage in a less dense city center,” said the National Association of Realtors® Vice President of Demographics and Behavioral Insights Dr. Jessica Lautz. “NAR members have told us there is strong demand for homes that provide personal space inside the home and land outside the home.”
Read MorePAR has continued to update its resource section regarding COVID-19 (coronavirus).
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As this applies to Realtors®, face coverings should be worn whenever conducting real estate-related activities outside of your own residence.
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As some of Pennsylvania’s most populous counties move into the green phase of reopening, the PAR Legal Hotline is getting another wave of green-phase questions.
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Recently revised to conform to guidance for real estate, use of the COVID-19 Property Access Notice (Form COVID-PAN) and the COVID-19 Health and Safety Acknowledgment (Form COVID-HSA) still have a place in your routine, even as restrictions loosen.
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Tenant application fraud has increased 9% since the COVID-19 pandemic, according to a recent survey of property managers.
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