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Attention to detail is vital to your keeping your license

Attention to detail is vital to your keeping your license

posted: 03/18/2019

If you ever find yourself under investigation by MREC as a result of a complaint being filed against you, regardless of what the complaint is about, the investigators review every single document in your file pertaining to the transaction being investigated. Even though you might not be found in violation of the statute or rule in the original complaint, you might be found in violation of improper documentation if any of your transaction documents are not correct and complete.  Examples of violations found in routine investigations:

  • Missing signatures and dates
  • Incomplete Property Condition Disclosure Statements (there should be no blanks left unanswered)
  • Improper listing agreement extensions
  • No Working With a Real Estate Broker disclosure form