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Gebhard v Laxmi Vishnu Enterprises Inc: Salesperson Liable for Misrepresentation

January 3, 2013: 

Texas court upholds award to seller, ruling that purchase contract was not accurately disclosed to seller’s representative while seller was out of the country.

Casady v. Fehring: Licensee’s Knowledge Imputed to Client

December 19, 2012: 

Missouri court imputes notice of correct acreage to buyers and so rejects their attempts to claim two additional acres.

Milner v Biggs: Buyer's Mold Lawsuit Dismissed

December 13, 2012: 

Ohio court finds that claims were not supported by the evidence, as the buyers had never confirmed that mold actually existed on the property.

Fiscal Cliff: What's at Stake for Real Estate

December 11, 2012: 

If Congress doesn't act, foreclosures will rise, home values will drop, and the FHA could get hit with another set of bad loans.

Voyager Village POA v Letourneau: HOA Not Liable for Salesperson's Ads

December 7, 2012: 

Wisconsin court rules that purchaser could not allege harm by the association for the marketing materials prepared by a real estate professional.

Legal Victory for Credit Agencies in Mortgage Ratings Suit

December 4, 2012: 

A federal appeals court has ruled in favor of major credit agencies in a case that involved a lawsuit filed by five Ohio pension funds that sought to recoup millions of dollars of losses on risky mortgage debt.

Sotheby's Int'l Realty Inc v The Relocation Group: Duty to Arbitrate Commission Dispute Upheld

November 14, 2012: 

A Connecticut court sends a dispute to a REALTOR® association for a hearing and stays a lawsuit between two members fighting over a commission.

RMLS v. American Home Realty Network: MLS Obtains Injunction Against Website

November 6, 2012: 

A Minnesota federal court has considered whether a multiple listing service was entitled to receive a preliminary injunction for copyright infringement against the company that operates NeighborCity.com for its reposting of the MLS’s copyrighted listing data without permission.

Olszewski v NSBAR: Code of Ethics’ Article 14 Upheld by Court

October 31, 2012: 

Illinois court rejects challenge brought by a member who was disciplined for threatening litigation against a consumer who had filed a complaint.

Feds Slap BofA With $1B Mortgage Fraud Lawsuit

October 25, 2012: 

More trouble for Bank of America: Federal prosecutors have filed a $1 billion lawsuit against the company, alleging the bank issued "thousands" of bad loans and stuck taxpayers with the bill.