110. WHEN SHOULD AN AGENT DO THEIR INSPECTION AS PER THE TDS

ASAP is the answer. Real Estate law requires the results of the agent inspection to be included on the TDS. Only if the agent is unable to gain access to the property, because a tenant, for instance, refuses access to the agent, then and only then can the agent delay inspection until access is granted. The inspection must be made when access is granted. The buyer then has the right to terminate the purchase based upon of the agents inspection. So – time is of the essence for the agent to make the inspection on the TDS the seller gives to the buyer. By the way, if the agent cannot get access, the agent should state “access denied” on the TDS, until such time as access is gained, then use a separate CAR Agents Inspection Statement.

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