DO YOU . . .

. . . have the parties to real estate transactions sign or initial your copy of their closing statements? If not, the Commission recommends that you follow this practice so that your records will reflect that they were furnished a copy of the closing statement (G.S. 93A-6(a)(14)) and that they were in agreement to the final terms of settlement.

WOOD-DESTROYING INSECT REPORTS

The N. C. Structural Pest Control Committee has requested real estate brokers and salesmen to be alert to the possible use of unapproved forms in reporting the presence or absence of wood-destroying insects or their damage on property offered for sale in North Carolina. The only form that licensed pest control operators can legally use is HUD FORM 92053/ VA FORM 26-8850.