Licensed Real Estate Professionals have a duty to perform their services with a level of care which is established by contract and prevailing standards of conduct in their field. The fact is, Realtors have professional duties to disclose material facts of which encompass environmental exposures / liabilities. Today’s, transparent business environment, means real estate professionals…
Tag: Sales
TEAMing with Bankers to Drive Insurance Sales
For decades, Bankers have utilized environmental indemnifications in their loan documents as protection from environmental liabilities. Then in the mid 1990’s Phase I / II… environmental site assessments were added as another layer of defense for a Bankers lender liability exposure on real estate transactions. In basic terms, environmental indemnifications and Phase I’s have been…