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Nwmls Form 35r PDF

Nwmls Form 35r PDF

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[Music] hi i'm andy fitzsimmons i'm your washington realtors legal hotline lawyer today's question comes out of our legal hotline mailbag the question is we have several realtors in town that are following advice from a lender who asks them to negotiate the terms of the form 35r on a form 35r but then after the parties have agreed on the form 35r to rewrite the agreement on a blank addendum leaving out all reference to the inspection or repairs so that the lender's underwriter never sees the form 35r we have been told that the correct practice is to have 135r for the office file and a different addendum that the buyer turns into their lender we feel like this is fraud and refuse to participate in this practice what is the right approach the answer to the question is that the question asker is exactly right this is a fraudulent practice and it's fraud is bad enough this is a fraudulent practice and it's also an incredibly dangerous contrac

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