As your business grows, it becomes necessary to delegate activities, including the handling of operating and trust monies. However, hiring others to receipt, deposit, and disburse monies increases your business risk. Here are 10 risk-reduction suggestions.
Since we’re judged by the standard of the “competent professional” by both our peers and the courts, we must take action to protect ourselves from potential misrepresentation and negligence charges. Here are some tips for increasing diligence and reducing risk as a buyer's representative.
As you prepare to enter a brave new millennium, you may wonder whether your technology will enter with you. You need to consider not just whether your electronic equipment will work but also whether you're protected from legal liability if technology suddenly stops.
Owners of residential properties clad with Exterior and Finish System components (EIFS) sold by Senergy Inc., a subsidiary of Harris Specialty Chemicals Inc., may be eligible to receive repairs or cash payments from a recently negotiated partial national class action settlement.
The U.S. Environmental Protection Agency has started a program of unannounced lead-based paint records inspections in property management and real estate brokerage offices in many areas of the country. When an inspector shows up at your office, will you be ready?
The procedures used by REALTORS® to process Code of Ethics violations were given a general OK recently by a state court ruling. The decision affirmed the idea that professional standards hearings and sanctions are legal, as long as they're fair and "substantially rational."