Arnold & Sons Indoor Environmental Testing

Description

The disclosure statement from the seller should list any previous or present building water and mold problems, and what has been done to correct the problems. -If the water problems were not fixed and dried out within 48 hrs. chances are there is existing mold. As a buyers agent, request from the seller, a copy of the insurance industry's C.L.U.E. (Comprehensive Loss Underwriting Exchange) Property Report that provides a five-year insurance loss history for a given address. -Every U.S.A. homeowner insurance claim inquiry or loss report by a homeowner (even including those that do not result in any loss payment) goes into the C.L.U.E. database. T he sales contract should include a seller-requested clause that releases the seller, lender, and real estate agent/broker from all mold liability to the buyer.

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