Statewide Buyer and Seller Advisory
A comprehensive advisory document covering numerous topics buyers and sellers should investigate, from property conditions to neighborhood issues to legal considerations.
When Its Used
Provided to both buyers and sellers, typically at the time of contract. Serves as a roadmap for due diligence.
Key Sections
Property investigation recommendations; Government and legal issues; Disclosure obligations; Environmental concerns; Insurance considerations; Neighborhood due diligence
Common Mistakes
Treating it as a formality; Not reviewing relevant sections with clients; Failing to obtain signatures; Not providing to both parties
Pro Tip
Use the SBSA as a teaching tool, not just a form to sign. Highlight sections relevant to your client's specific situation. It's your best protection against future claims.
