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September, 2011 Newsletter to agents

To all agents representing buyers;

Cohesion, Inc. has helped real estate agents and their clients to deal with home heating oil tank issues since 1998. We are committed to continue improving our services to you, and yours to your clients. We have upgraded our website at cohesion-inc.com/residential. Please take a chance to look at the website and feel free to give us feedback on how we can improve it or how much you can benefit from it.

An important addition to the website you can greatly benefit from is the Acknowledgement of Liabilities form we have added for you to use. The form is attached and can also be viewed on our website at cohesion-inc.com/residential.

This form will minimize your future liabilities when your clients are looking to buy an older home. As you know, many older homes used heating oil, and oil tanks could have been or could still be present on premises. Proper inspection of these tanks is highly recommended before purchasing a property, and you should make sure buyers are aware of the liabilities associated with leaking tanks. Completion and signing of the form by your clients (buyers) will help them understand the liabilities and will help free you of any potential liabilities associated with these transactions. Many times in the past we have dealt with property owners where tanks have leaked and the owner blames their former agent for not properly warning them of leaking tank liabilities; it was either not done by the agent or the owners could not remember the warnings.

Regardless, it is important for you to have proof that you have warned them of these liabilities and a completed Acknowledgment of Liabilities form should show that proof. This will enable you to have a more carefree existence after a sale so that you can better focus on future sales. It will also improve your future relationship with the client and provide a better chance for you to list their property when they are ready to sell. The property owner will either, not have to worry about having to deal with a tank issue when wanting to sell their property, or they will know that you warned them of such liabilities and the liability falls on them.

Feel free to contact us at 919-233-8626 or e-mail me at cboshoff@cohesion-inc.com to discuss these or other tank issues. We are currently working on a form that will allow you to better protect your clients as buyers by conducting a more thorough investigation of potential tanks on premises. If you wish to be added to our e-mail list to receive helpful information in the future, e-mail us with your contact information.

We often come to real estate office meetings to discuss tank issues and liabilities with agents. If you are interested for us to make such a visit, please feel free to contact us.

Sincerely yours,

Christoph Boshoff
PresidentCohesion, Inc.
919-233-8626 (O)

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