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Legal Case Summaries

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July 16, 2014
Ohio court finds that evidence supported jury verdict that dual agent failed to properly advise client about certain conditions on the property.
July 2, 2014
Large broker with affiliated title company fined $500K for failing to comply with RESPA.
June 11, 2014
Where listing salesperson and buyer’s rep are licensed under the same broker, both have the same fiduciary duties to all parties to the transaction.
May 28, 2014
Texas court finds that buyer’s representative had no knowledge that property’s square footage was smaller than the size listed in the public records.
May 21, 2014
Supreme Court of South Carolina affirms that seller’s broker had no duty to disclose competing offer to prospective purchaser.
May 15, 2014
Maryland federal court rules that MRIS qualifies for an antitrust immunity doctrine and so rules against the operator of Neighborcity.com.
April 30, 2014
California court rules that listing broker’s statement in the MLS that study had found property buildable was not inaccurate.
April 23, 2014
Court finds no breach of broker’s duties for failure to disclose neighboring sex offender, as rep agreement stated that no such requirement exists under AZ law.
April 16, 2014
The U.S. Supreme Court has ruled that limits on aggregate contributions by individuals to candidates and political parties violates the First Amendment.
April 2, 2014
Broker’s distribution of cash-back coupons to potential buyers for presentation to sellers is deemed violation of law prohibiting commission splits with non-licensees.