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The No Lawsuit Guide to Real Estate Transactions [Hardcover]

Barbara Nichols (Author)
5.0 out of 5 stars  See all reviews (3 customer reviews)


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Book Description

May 2, 2007 0071477594 978-0071477598 1

THINK IT CAN'T HAPPEN TO YOU?

Steer clear of a lawsuit in every type of real estate transaction

Real estate professionals, buyers, sellers, builders, and property inspectors are all vulnerable to a lawsuit with every transaction.

Whether you're a real estate professional or a property owner, this is the ultimate must-have resource for understanding and managing all the important liability issues inherent in real estate transactions. Simple enough for novice buyers, sellers, and real estate agents but in-depth enough for real estate pros, this one-of-a-kind guide is a great source of information.

As an active real estate broker who has served as a consultant and expert witness in hundreds of real estate-related lawsuits, Barbara Nichols provides expert advice. She shows homeowners and investors how to minimize their risks and helps agents and brokers spot problems that can lead to lawsuits.

With Nichols' thorough coverage, you'll learn everything you need to know about your potential liability in a transaction and understand your obligations as a real estate professional or property owner. Her advice can be utilized not only in the United States but also in Canada and elsewhere.

As real estate continues to increase in value, the legal stakes for real estate professionals, builders, property inspectors, buyers, and sellers are higher than ever. The best way to protect yourself is to understand real estate laws and transaction pitfalls and prevent disputes from ever reaching court. The No-Lawsuit Guide to Real Estate Transactions answers your real estate liability questions and shows you how to cut your risks, protect your property investment, and prevent costly lawsuits before they happen.



Editorial Reviews

From the Back Cover

How to Stay Out of Court

An experienced real estate broker, Barbara Nichols uses real-world examples and taps her extensive knowledge as a real estate expert witness to cover potential liability issues. Whether you're an agent, broker, builder, buyer, seller, or property inspector, this complete and comprehensive resource gives you the information you need to protect yourself from lawsuits, with detailed coverage of the most common types of legal issues and how you can avoid getting ensnared in them.

The No-Lawsuit Guide to Real Estate Transactions arms you with the information you need to protect your career and your property with in-depth guidance on these and many more topics:

  • Understanding the issues raised in lawsuits
  • Avoiding problem areas in transactions
  • Handling quotes, contractors, and permit issues
  • Dealing effectively with seller repairs and credits
  • Coping with the property inspection process from A to Z
  • Reducing the risk of tenant lawsuits
  • Documenting the transaction and disclosures
  • Selecting your real estate agent

About the Author

Barbara Nichols, (BarbaraNichols.net) is owner of Nichols Real Estate and General Contracting. She has written numerous articles dealing with liability issues for the National Association of Realtors' monthly Realtor® Magazine, which is distributed to 1.2 million agents. She also teaches a real estate course entitled “How to Stay Out of Court,” which has been attended by thousands of real estate agents. She has been in the building and real estate industry since receiving her master's degree from Cornell University and is a national expert in real estate risk management.


Product Details

  • Hardcover: 300 pages
  • Publisher: McGraw-Hill; 1 edition (May 2, 2007)
  • Language: English
  • ISBN-10: 0071477594
  • ISBN-13: 978-0071477598
  • Product Dimensions: 9.3 x 6.6 x 1.1 inches
  • Shipping Weight: 1.3 pounds
  • Average Customer Review: 5.0 out of 5 stars  See all reviews (3 customer reviews)
  • Amazon Best Sellers Rank: #669,863 in Books (See Top 100 in Books)

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1 of 1 people found the following review helpful:
5.0 out of 5 stars A Book Every Realtor MUST have!, September 8, 2007
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This review is from: The No Lawsuit Guide to Real Estate Transactions (Hardcover)
This is a keeper, a highlightthis book, review it with your agents and keep it as a reference book. If you are a Broker or an agent you need to read this book and apply the common sense principles.

I work with agents and Brokers who are at great risk, are you? For those who practive where Dual Agency is legal read, read, read! I do practice in one of these states, I hate this practice. Everytime I am asked to serve as a Dual Agent it makes my stomach hurt. I can see law suit written all ove this practice. The book also covers so many areas it is hard to discuss them all. My best advice to every Realtor out there, get this book and study it, one day it may save your business.
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2 of 4 people found the following review helpful:
5.0 out of 5 stars Outstanding!, May 16, 2007
This review is from: The No Lawsuit Guide to Real Estate Transactions (Hardcover)
Barbara Nichols' intelligent, easy to understand, guide for making good decisions when one is buying real estate, for either a residence or investment property is an outstanding reference that everyone should have on their shelf. Beginners to seasoned real estate investors can find value in this guide. Terrific reference!
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1 of 3 people found the following review helpful:
5.0 out of 5 stars The No-Lawsuit Guide To Real Estate Transactions, August 16, 2007
This review is from: The No Lawsuit Guide to Real Estate Transactions (Hardcover)
An Excellent Reference!

Barbara Nichols has written an insightful easy to read book on the important topic of how to avoid a lawsuit in real estate transactions. This book contains valuable and practical information for anyone who deals with real estate including property owners, buyers, sellers and real estate agents. The author draws on her years of experience as a real estate expert, investor, general contractor and real estate broker to provide real world examples of how the complexities of real estate can create legal liabilities. This book is an excellent resource for anyone seeking to avoid a real estate lawsuit.
M. Beemer
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Inside This Book (learn more)
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
other environmental hazards, general property inspector, general property inspection, mold remediation companies, rental property transactions, nonpermitted work, real estate lawsuits, mold inspection, mold inspectors, estate transfer disclosure statement, mold insurance, escrow function, diligent visual inspection, property inspectors, home warranty company, remediation company, seller repairs, agents representing buyers, termite companies, property questionnaire, known material facts, property disclosure, listing agent, real estate licensees, property defects
Key Phrases - Capitalized Phrases (CAPs): (learn more)
Issues Raised, Understanding the Problem Areas, Additional Ideas, National Association of Realtors, The Buyer's Property Inspections, Due Diligence, The Seller's Property Disclosure, Reduce Risk, Professional Builder, Property Address, Building Permits, United States, Beverly Hills, Los Angeles, The Liability Problem, American Indoor Air Quality Council, Seller's Initials, American Society of Home Inspectors, Lawsuits There, Print Date Reviewed
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Front Cover | Table of Contents | First Pages | Index | Surprise Me!
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