Real Estate Home Repair Service Agreement Letter

Sample R.E.H.R.S.A. (Front)

This will certify that the person named herein is a member under the R.E.L.H.R.S.A.

Issued by Real Estate Risk Management, Inc.

in conjunction with The Real Estate Seller Protection Plan

Plan Number:             754268

Plan Type:                  Seller's $50,000 per covered event and in aggregate

Plan Initiation:           December 18, 2006

Member’s Name:        John Q. Public

Member’s Address:    PO Box 1234, Yourtown, CA 95683

Property Covered:     856 Lakeview Ridge Terrace #105, Rancho Cucamonga, CA 96852

This plan provides coverage to home sellers for repair costs and legal expenses incurred in connection with a claim by the home purchaser for unknown and undisclosed defects in a single family home that is the primary residence and is listed on the certificate.

Each home seller is covered for up to $50,000 for repair costs and legal expenses for a period of 180 days, following the close of escrow for the above listed home.  There is no deductible as long as the seller utilizes an attorney from RERM’s legal panel. 

All claims must be reported to Real Estate Risk Management, Inc. at 1-800-937-6526, within 10 days from the date of institution of the covered event and within the 180 day period.

SUBJECT TO ALL TERMS, CONDITIONS AND EXCLUSIONS OF THE REAL ESTATE LEGAL & HOME REPAIR SERVICE AGREEMENT MASTER CERTIFICATE.  REFER TO PROGRAM WORDING FOR COMPLETE COVERAGE INFORMATION. THIS COVERAGE IS PROVIDED AT NO ADDITIONAL COST TO THE HOME SELLER, BY YOUR PROFESSIONAL REAL ESTATE AGENT, WHEN THE REAL ESTATE SELLER’S PROTECTION PLAN IS PURCHASED BY THE SELLER.

 

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