What is required of a licensee who offers a home warranty policy as part of a home listing?

When a licensee offers a home warranty policy as part of a home listing, the requirement is to provide written disclosure at the time offers are made. This ensures transparency in the transaction and protects all parties involved by clearly outlining the terms and conditions of the warranty. Written disclosure helps prevent misunderstandings and provides a legal record of the offer made, which is essential for accountability and consumer protection.

Providing this information upfront allows potential buyers to make informed decisions regarding the property and the additional protection a home warranty may offer. In situations where a warranty is a part of the sale, having everything documented ensures that the benefits and limits of such a warranty are clearly communicated, thereby fostering trust in the real estate process.