Insurance Concerns Addressed by Pearl Insurance Representative
Another exposure that real estate firms need to consider at this time is having agents working from home rather than in the office.
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Real Estate Non-Compliance Complaints Being Reviewed by State
Bureau of Professional and Occupational Affairs staff has confirmed to PAR that prosecutors are reviewing complaints based on alleged non-compliance with the business closure orders, and that investigators following up on those complaints.
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Real Estate Commission Issues BPO Regulations
New BPO regulations were recently published by the Pennsylvania Real Estate Commission, implementing legislation that was passed in 2018.
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COVID-19 Opens Door to New Scams
Be aware of the various ways that scammers are using COVID-19 to exploit individuals.
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Legal Counsel Offers Thoughts on COVID Restrictions
Realtors® subscribe to NAR’s Code of Ethics, which exceeds what the commonwealth demands of our members, and routinely put the interests of our clients and community above our own. If there was ever a time to put the interests of others at the forefront, it is now.
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COVID-19 Addendum Available for Use
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.
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Updates on COVID-19 and Real Estate in Pennsylvania
Since real estate transactions are dependent on so many third-party service providers, the complexity of each individual question is complicated by many orders of magnitude.
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Solar Leases: Landowners Beware
Payment provisions for commercial solar project leases are far from the only issue that needs to be addressed in lease negotiations. Some of the more serious issues presented include restrictions on the landowner’s use of the land, how much of the land will actually be utilized once the solar project comes to fruition (as this is often the basis for determining the payments) and what are the requirements for restoring the land once the solar lease terminates.
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When a Close Relative or Friend Wants to Buy Your Listed Property
There is a significant conflict when the listing agent brings a buyer to the transaction, who isn’t just a client, but is a friend or relative of the listing agent… or even the listing agent him or herself.
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Removing Unwanted Occupants
In Assouline v. Reynolds, the Court unanimously held the Landlord and Tenant Act cannot be used to remove an occupant when no landlord/tenant relationship existed.
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