"Focus Real Estate/Construction/Design" commentary by Rob Hatch, partner at Thom

Rob Hatch

Source

Mainebiz

Date

10-31-2011

Pages

25

Abstract

"Focus Real Estate/Construction/Design" commentary by Rob Hatch, partner at Thompson & Bowie LLP in Portland, about methods that real estate agents can use to limit their liability in post-sale lawsuits. For example, real estate agencies' errors and omissions policies often include a clause that limits an agent's deductible if mediation is used early on to resolve a claim. Real estate agents need to stay informed about their legal obligations to the parties involved in transactions and should always refer clients to other professionals when questions arise that are outside of their area of expertise.

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