Agent2Agent in 77096>Question Details

Txrealtor2121,  in Houston, TX

Do I have to disclose that my client is my ex-husband? I am a licensed realtor in Tx and he is looking at commericial properties.

Asked by Txrealtor2121, Houston, TX Thu Feb 18, 2010

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22
I believe that if you feel the need to ask the question then definitely you should disclose. Better to err on the side of disclosing than not...when in doubt, disclose.
1 vote Thank Flag Link Sun Aug 25, 2013
I think the best course of action ANY time you're concerned is disclose disclose disclose. Then you cannot go wrong.
1 vote Thank Flag Link Fri Feb 19, 2010
Follow the "golden rule." If your asking if something should be disclosed, it probably should.
1 vote Thank Flag Link Thu Feb 18, 2010
Anytime that you have a reasonable question about whether to disclose you should go ahead and do it. This should not be an issue but with the people out there just looking for an excuse to sue it is always a good idea. It might not be a matter of ethic i.e. against the law but morally it would be a good idea.
1 vote Thank Flag Link Thu Feb 18, 2010
When in doubt, always disclose!
1 vote Thank Flag Link Thu Feb 18, 2010
Anytime you have to question whether to disclose or not, I would!
0 votes Thank Flag Link Mon May 19, 2014
Why not? More information is always safer. Disclosure protects you and your client
Web Reference: http://www.DaveRealty.com
0 votes Thank Flag Link Wed Sep 4, 2013
Totally agree with you guys - disclose, disclose, disclose!
0 votes Thank Flag Link Sat Aug 24, 2013
Disclose, Disclose, Disclose.
0 votes Thank Flag Link Fri May 25, 2012
I go by the adage "when in doubt, disclose". You obviously are concerned enough to ask the question--so I would definitely disclose.
0 votes Thank Flag Link Thu May 24, 2012
When in doubt check with TREC. It is always better to be safe than sorry.
0 votes Thank Flag Link Thu May 24, 2012
I recommend for you confer with your broker. Best in any situation be cautious . Frankly I don't believe it ever truly matters when you disclose relationship

Lynn911
Web Reference: http://www.lynn911.com
0 votes Thank Flag Link Sat Feb 20, 2010
If you have to ask, I always lien towards the better safe than sorry and disclose
0 votes Thank Flag Link Thu Feb 18, 2010
Legally, I don't think you would have to disclose. There is no familial or special relationship.

Do you feel it will harm your position if you disclose this? Just curious to hear the reasoning behind the question.
Web Reference: http://www.phgbrokers.com
0 votes Thank Flag Link Thu Feb 18, 2010
This might not be the best answer but... does your company have a risk management dept? If so, ask how they handle such situations. Also, if they dont... check TREC. Does not hurt to know the facts. I believe you can make a better decision when you know what the rules are - for sure. Clears up gray areas ...
0 votes Thank Flag Link Thu Feb 18, 2010
As already mentioned previously, the answer is to disclose, if for no other purpose than to “CYA”.
While I cannot give you any specific articles or codes, I'm pretty sure I remember something along the lines of an agent needing to disclose any relations that agent may have to the party they are representing. The argument could be made that you were not in reality at an arm's length of the actual transaction and somehow directly vested in the purchase since it was after all an ex-spouse. The same could be argued with a relative, friend or even repeat investor, but the fact remains if you are ever faced with whether or not to disclose information such as this where there is no logical reason that your relationship to the buyer is relevant in the sale, I would stick with the safe side and disclose, disclose, disclose.
Web Reference: http://www.RKRegan.com
0 votes Thank Flag Link Thu Feb 18, 2010
When in doubt, spell it out (disclose, disclose, disclose...).
0 votes Thank Flag Link Thu Feb 18, 2010
Yes, I would disclose even though it's not a family status. It's always better to protect yourself.
Web Reference: http://www.lorihuey.com
0 votes Thank Flag Link Thu Feb 18, 2010
Yes......

I would consider this a material fact and relationship.
What would be the harm in disclosing?
If you have to ask....then disclose as one of my brokers used to say.
Web Reference: http://www.teamlynn.com
0 votes Thank Flag Link Thu Feb 18, 2010
Bruce Lynn, Real Estate Pro in Coppell, TX
MVP'08
Contact
I do not know about the legal aspects of this question, but ethically, I think you should disclose it.
0 votes Thank Flag Link Thu Feb 18, 2010
I would to play it safe. Good luck in finding him a property. Bruce
0 votes Thank Flag Link Thu Feb 18, 2010
You are supposed to disclose relatives here in PA, when representing them. If you list a property and it's your ex-es, then I would recommend doing that to be safe. But as a BUYER? Not sure what to say. And commercial is a whole different ballgame than residential.
0 votes Thank Flag Link Thu Feb 18, 2010
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