Realtors who though understanding the mechanics of the Form 17 may not fully understand its rationale. This post seeks to do this and advise how Realtors can best help their listing clients to use this as a tool to strike the proper value between increasing value and reducing risk. [1]
First, we need to step
The Statutory Warranty Deed and the Form 17 together allow residential real property sellers to increase the value of the transaction by preventing an assymetry of information from otherwise reducing the value of a property, increasing the time involved in conducting a transaction, or both.
Assymetry of information – what is that?
Assymetry of information occurs when one
