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Rhonda Burnett, the lead plaintiff, testified about her experience with a real estate agent from HomeServices of America subsidiary ReeceNichols. According to Burnett, the agent gave her a contract to sign with a commission rate of 6% already filled in, and she was told that the rate was non-negotiable. [12]
The trial court instructed the jury that it had to find the "actual malice" (as defined in California state law) "by a preponderance of the evidence" to award punitive damages. The jury awarded Burnett $300,000 in compensatory damages and $1.3 million in punitive damages. The trial court reduced this to $50,000 in compensatory damages and ...
In their class action complaint, the plaintiffs in Burnett v. NAR claimed that the defendants “conspired to require home sellers to pay the broker representing the buyer of their homes, and to ...
The National Association of Realtors (NAR) is an American trade association [5] for those who work in the real estate industry. As of December 2023, it had over 1.5 million members, [6] making it the largest trade association in the United States [7] including NAR's institutes, societies, and councils, involved in all aspects of the residential and commercial real estate industries.
The U.S. Supreme Court issued several major decisions over the course of 2024.. Its rulings include those that have pushed back on the Biden administration's attempted change of Title IX ...
There will be no televised coverage of the trial. Live footage was briefly aired on CNN as the camera crew was led out, showing Donald Trump sitting at the defence table with New York AG Letitia ...
The trial was moved due to publicity. In convicting Wallace of manslaughter, the jury also bypassed a second-degree murder charge, which is punishable by up to life in prison. Manslaughter was the ...
Ivanka Trump will testify in Donald Trump’s civil fraud trial on Wednesday, becoming the fourth member of the family to take the stand after her father’s chaotic appearance on Monday, and the ...