Where Did I Graduate From College
Towson State University
In Most Of MoCO, Sellers of homes other than condos must test for what?
Radon
These people are exempt from Maryland State Transfer Tax
First Time Home Buyers occupying property as primary residence.
True/False
In Virginia and agent can represent both buyers and sellers.
True
Although we at The Prigal Brothers will not do that.
How many years to you have to be an agent in Maryland before you can have your own company.
Three years and must have a broker's license.
What is the Prigal Brothers Motto?
The Best Move You Will Ever Make
Houses Built Before What Year Must a Seller Complete a Federal Lead Paint Disclosure
1978
In Maryland, how long does a buyer have to review HOA and Condo Docs
HOA 5 days
Condo 7 days
True/False
A landlord must allow reasonable modifications to a property for disabled individuals at the landlords expense.
False
The landlord must allow modifications at the tenants expense and tenant must return property back to it's original condition.
True/False
An agent can collect their fees directly from their client
False
All fees must be paid to the broker.
How Long Have I Been In Real Estate
25 years
True/False... Sellers Must Pay for a Termite Inspection on a contract with a VA Loan.
False. Recent changes in the VA have removed the requirement for sellers to pay for termite inspection.
True/False
The buyer gets to pick the title company and that company represents the buyer.
False. The buyer picks the title company but the title company doesn't represent either party.
Throughout the world....
Where the Prigal Brothers and Associates can help people with their real estate needs. We have a large network of agents throughout the world that we can refer to.
What is the penalty for failure to disclose a deferred water/sewer charge in Maryland.
If discovered prior to settlement, buyer has the right to rescind the contract. If discovered after settlement, seller is liable for the full payment of the balance.
What Business Did I Own Prior To Going Into Real Estate
Dry Cleaning
A Seller can ask for a post-settlement occupancy for up to how many days?
60
True/False
In Maryland, If the buyer has an inspection contingency in the contract, they can cancel the contract for any reason.
False. The inspection contingency has to include the right to cancel and not just the right to negotiate.
True/False
In DC, you cannot consider credit score to determine whether to rent to an applicant.
True.
A landlord can consider credit history and ability to pay but cannot base decision totally on credit score.
True/False
In Maryland, if a wood destroying insect report shows infestation, the buyer is responsible for treating and repairing prior to settlement.
False, The seller is responsible.
How Many Grandchildren Do I Have?
3 Currently and 2 on the Way
A hidden or concealed defect; one which could not be discovered by reasonable and customary observation or inspection is called this and must be disclosed by sellers.
Latent Defect
True/False
In most senior complexes, if you are under the age of 55 you cannot own property in the community.
False
Most senior communities have requirements on age to occupy the property but not to own a property.
True/False
If you have a service animal a landlord must allow you to have your animal even if no pets are allowed.
True
A landlord must allow service animals and cannot charge any additional fees.
True/False
In MD, It is the buyers responsibility to withhold the FIRPTA Tax (Foreign Investment in Real Property Tax Act) from the seller.
True