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Independent voices from the The Washington Times Communities
Topic - Adrian Hunnings
A relatively small change in the language of the regional sales contract in the Washington area may have a big impact on the home-buying process, mostly because the new language reinforces the importance of a thorough home inspection for prospective buyers.
Although Harry S. Truman may never actually have declared, "If you want a friend in Washington, buy a dog," the sentiment certainly holds true for increasing numbers of Washington-area residents.
In the midst of the excitement of buying or selling a home, few consumers want to take the time to read a lengthy document filled with legal terms that can be difficult to understand by someone without a law degree. In September 2006, the Realtor associations of the Washington area, including the Northern Virginia Association of Realtors (NVAR) and the Greater Capital Area Association of Realtors (GCAAR) introduced a new regional sales contract that simplifies the language of earlier contracts to make it easier to comprehend.
Mr. Hunnings said the confusion over the language resulted in numerous disagreements at the settlement table.
"The previous contract stipulated that the home seller warranted that the 'electrical, plumbing, heating and air conditioning systems and appliances would convey in normal working order on the day of settlement,' " said Adrian Hunnings, principal broker with Palladian One Realty in the District.