“C.L.U.E.” stands for Comprehensive Loss Underwriting Exchange – a compilation of claims made against a property. This report includes types of claims and how much was paid to settle the claim. —Information that can be helpful in assessing potential problems of the property. It is a good idea for a buyer to require a C.L.U.E. report when making an offer to a property.
A home seller might want to consider ordering a C.L.U.E report ahead of time before listing a property. Providing a “clean” C.L.U.E report to other disclosure documents can add an important selling point. The owner of a property can order a C.L.U.E. report free once a year by visiting LexisNexis Risk Solutions.