Sellers Beware of Burglars During Tenting

January 23rd, 2017 at 3:30 pm

If recent break-ins are any indication, colorful fumigation tents are beacons to burglars to ransack the homes. Your seller-clients are well-advised to take safety precautions before having their homes tented, including, but not limited to the following:

  • Remove or otherwise safeguard all cash, jewelry, documents, drugs, firearms, and other valuables and belongings;
  • Hire a qualified, insured, and reputable pest control company;
  • Maintain adequate insurance against loss, damage, and injury;
  • Contact local law enforcement authorities that offer extra patrolling during tenting; and
  • Install security alarms, hire security guards, or take other security measures as appropriate.

If a burglary occurs during escrow, the seller should disclose the incident to the buyer in writing. For TDS transactions, use C.A.R.’s standard-form Addendum (ADM) as an amendment to the TDS, and give the buyer a 3-day right to cancel if delivered in person, or 5 days if delivered by mail (even if the buyer has already removed all contingencies).

-Thank you to Lance Friedman (Sherman Oaks Office) for suggesting this week’s legal tip.

Copyright© 2017 Berkshire Hathaway HomeServices California Properties (BHHSCP). All rights reserved. Any unauthorized reproduction or use of this material is strictly prohibited. This information is believed to be accurate as of January 23, 2017. It is not intended as a substitute for legal advice in individual situations, and is not intended to nor does it create a standard of care for real estate professionals.

 

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