Manage Risk (Archives)

RESPA Revisited

Posted on March 1, 2013 by

Now and then it is good to get a little reminder. This month, we’ll take a look at The Real Estate Settlement Procedures Act of 1974 (RESPA) in a short excerpt from the book, Arizona Real Estate: A Professional’s Guide to Law and Practice written by AAR CEO Michelle Lind. To order a copy visit [...]

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Buyer May Cancel And Receive The Earnest Money If Seller Refused To Remedy The Items Listed On The BINSR

Posted on February 1, 2013 by

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An Unsigned Addendum Does Not Alter The Enforceability Of The Underlying Contract

Posted on February 1, 2013 by

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The Day a Cure Notice Is Given Is Not Counted In Computing a Three-Day Cure

Posted on February 1, 2013 by

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Commission Agreement Must Be In Writing

Posted on February 1, 2013 by

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A Seller May Require That A Particular Title Company Be Used Only If The Seller Pays all Associated Fees

Posted on February 1, 2013 by

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Can a Trip to Hawaii Be Used As a Marketing Tool?

Posted on February 1, 2013 by

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Buyer Is Entitled To Occupy the Residence When the Deed Is Recorded

Posted on February 1, 2013 by

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FAQ About the AAR Loan Status Update | January 2011

Posted on January 27, 2013 by

QUESTION L-1 Q: Why is the Loan Status Update (“LSU”) with lines 1-40 completed required five days after Contract acceptance? A: The LSU is required five days after Contract acceptance to establish that the buyer intends to proceed with the lender indicated in the LSU on the terms described. The LSU also allows the seller [...]

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Broker/Manager Risk Management Update – December 2012

Posted on January 10, 2013 by

Update for December 2012 AAR’S NEW/REVISED FORMS January 2013 Due to a change in the Arizona statute, A.R.S. 33-1322, on January 1, 2013 the Residential Lease Agreement will be updated on the Tenant Advisory page and line 272 to reflect the new location/website of the Arizona Residential Landlord and Tenant Act on the Arizona Department of [...]

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