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Advisory board hears from realtors and legal discussion about buyer disclosures and insurance for blasting impacts
Summary
Realtors told the board seller disclosures about blasting are inconsistently used and not mandated statewide; members discussed insurance-denial strategies and how litigation (for example, plans described by law firms) can affect homeowners' insurability and long-term property outcomes.
At the Sept. 22 meeting Miami Lakes advisory board members and two realtors discussed the extent to which buyers are informed about blasting and the legal options for homeowners pursuing damage claims.
Realtors on the panel said seller-disclosure forms exist and are sometimes used to note local blasting, but there is no statewide mandate that forces a universal…
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