April 4, 2011  
Dear  , 
Welcome to DeltaNewsViews!
HAFA Education and Certification
April 15, 2011

HAFA is the first program to set nationwide standards on the Short Sale process, timelines and documents.   HAFA also creates significant financial incentives for borrowers, services and investors to drive growth in short sale transactions. 

Register for this Live Course Now.  Presented by Ginny Field.  Info

Legal Updates with Gov Hutchinson
Here at DAR's Conference Center

CAR's Assistant General Counsel, Gov Hutchinson, will present Legal Updates on Tuesday, May 17, 2011 from 9:00 AM to 11:00 AM followed in the afternoon by a course on the Residential Purchase Agreement and related forms from 1:00 PM to 5:00 PM.  There's no charge for the Legal Update, but the RPA course is $59 for members and $69 for non-members.

Good Neighbor Awards
NAR
REALTORŪ Magazine is asking for nominations for the 12th Annual Good Neighbor Awards.  ...more
Day at the Races
Golden Gate Fields Turf Club

Includes: Charter bus trip to the track, admission, reserved Turf Club seating, daily racing program, Prime Rib buffet meal and a race named in honor of our group. 

Catch the bus on June 10 at DAR in Antioch for a great day of fun at the racetrack on June 10.  Click here for further info...  
45-Hour Continuing Education
Duane Gomer will instruct

We Have You Covered -

It's Easy, Quick and Low Priced  Only $72 for Members/$82 Non-Members

 

Thursday, June 16th at 1:00 p.m.

Delta Association of REALTORS

3428 Hillcrest Ave. #200, Antioch

 

YOU MUST REGISTER & RECEIVE THE MATERIALS BY  Tuesday, June 14th!

Ethics Case Interpretation

You Be The Judge

Case #2-13 REALTORŪ Buying and Selling to one Another Considered REALTORSŪ (Revised Case #9-23 May, 1988.  Transferred to Article 2 November, 1994. Cross-reference Case #1-20.)

  

REALTORŪ A owned a home which he listed through his own brokerage firm. The property listing was filed with the Multiple Listing Service of the Board. REALTORŪ B called REALTORŪ A and told him of his interest in purchasing the home for himself. REALTORŪ A suggested a meeting to discuss the matter. The two agreed upon terms and conditions and the property was sold by REALTORŪ A to REALTORŪ B.

 

A few months later during hard rains, leakage of the roof occurred with resultant water damage to the interior ceilings and side walls. REALTORŪ B had a roofing contractor inspect the roof. The roofing contractor advised REALTORŪ B that the roof was defective and advised that only a new roof 

would prevent future water damage.  REALTORŪ B then contacted REALTORŪ A and requested that he pay for the new roof. REALTORŪ A refused, stating that REALTORŪ B had a full opportunity to look at it and inspect it. REALTORŪ B then charged REALTORŪ A with violation of Articles 1 and 2 of the Code of Ethics by not having disclosed that the roof had defects known to REALTORŪ A prior to the time the purchase agreement was executed.

 

At the subsequent hearing, REALTORŪ B outlined his complaint and told the Hearing Panel that at no time during the inspection of the property, or during the negotiations which followed, did REALTORŪ A disclose any defect in the roof.

 

REALTORŪ B acknowledged that he had walked around the property and had looked at the roof. He had commented to REALTORŪ A that the roof looked reasonably good, and REALTORŪ A had made no comment. The roofing contractor, REALTORŪ B had employed after the leak occurred, told him that there was a basic defect in the way the shingles were laid in the cap of the roof and in the manner in which the metal flashing on the roof had been installed. It was the roofing contractor's opinion that the home's former occupant could not have been unaware of the defective roof or the leakage that would occur during hard rains.

 

What did the Panel Decide? 

 
The Purpose of the Delta Association of REALTORS is to support and enhance the professionalism and success of its members. 

John Bedford, CEO
Delta Association of REALTORS
Call us at (925) 757-8283
In This Issue
HAFA Education
GOV is Back
Good Neighbor Awards
Bus to Golden Gate Fields
45-Hour CE
You Be the Judge