Sunday, February 1, 2009

Change in report "Summary Statement"

Effective March 1st , 2009, the following modification to the “required” summary statement will be mandatory on all written inspection reports in the State of North Carolina.

“This summary is not the entire report. The full report may include additional information of interest or concern to the client. It is strongly recommended that the client promptly read the complete report. For information regarding the negotiability of any item in this report under a real estate purchase contract, contact your North Carolina real estate agent or an attorney.”

I have had a similar statement in my reports for 10 years and modified mine months ago on learning of this proposal.

No comments:

Post a Comment

Please note that this blog is moderated and that all comments are reviewed and approved before they are displayed. NO comment with a commercial link will be accepted!