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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 ...
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.
In United States law, a lis pendens (Latin for 'suit pending' [1]) is a written notice that a lawsuit has been filed concerning real estate, involving either the title to the property or a claimed ownership interest in it. The notice is usually filed in the county land records office.
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 ...
Former Orange County Complex Litigation Program judge Gail A. Andler [55] is a past president of the American College of Business Court Judges (ACBCJ), [56] and a number of California's complex litigation judges (including judge Elihu Berle [57]), and Minnesota complex litigation judge Jerome B. Abrams, [58] have served as Business Court ...
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.