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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]
A real estate company owned by Warren Buffett’s Berkshire Hathaway has agreed to pay $250 million to settle lawsuits nationwide claiming that longstanding practices by real estate brokerages ...
Changes may soon be on the horizon for real estate commission rates after a Kansas City jury determined – in a $1.8 billion judgement in October – that commissions had been inflated and that ...
The Rhode Island Attorney General's Office is suing a Seekonk real estate firm for allegedly scamming a couple out of their house. AG lawsuit: Real estate agent used 'bait-and-switch' to swindle ...
By the transaction, petitioner's capital invested in the real estate had been completely liquidated for cash to an amount fully equal to the value of the fee. Because petitioner received cash for the full value of the property conveyed, the court held the transaction had to be classified as a sale.
The acronym was coined in the 1980s by University of Denver professors Penelope Canan and George W. Pring. [13] The term was originally defined as "a lawsuit involving communications made to influence a governmental action or outcome, which resulted in a civil complaint or counterclaim filed against nongovernment individuals or organizations on a substantive issue of some public interest or ...
Frivolous litigation is the use of legal processes with apparent disregard for the merit of one's own arguments. It includes presenting an argument with reason to know that it would certainly fail, or acting without a basic level of diligence in researching the relevant law and facts.
Complex Litigation Division - The Complex Litigation Division represents the State of Indiana in high profile and often multifaceted investigations and litigation in both state and federal courts. In furtherance of those matters, Complex Litigation works closely with other State agencies, States and office divisions to best advocate for Hoosiers.