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Homeowner associations have the same rights and powers as corporations. Like a corporation, under the North Carolina Planned Community Act, the homeowner association must elect an executive board. Under the bylaws the community members are required to set the number of board members, qualifications, and process by which to amend bylaws among ...
In real estate, stigmatized property is property that buyers or tenants may shun for reasons that are unrelated to its physical condition or features. [1] These can include death of an occupant, [ 1 ] [ 2 ] murder , [ 1 ] [ 2 ] suicide , [ 2 ] previous illicit activities, and even the belief that a house is haunted .
For two persons to be complicit in a crime that does not involve negligence, they must share the same criminal intent; "there must be a community of purpose, partnership in the unlawful undertaking". [1]: 731 An accomplice "is a partner in the crime, the chief ingredient of which is always intent".
Hence, for example, in English law a partner is the agent of the other partners, whereas in Scots law "a [partnership] is a legal person distinct from the partners of whom it is composed" [9] and so a partner is the agent of the partnership per se. This form of agency is inherent in the status of a partner and does not arise out of a contract ...
Flat-fee real estate agents charge a seller of a property a flat fee, $500 for example, [11] as opposed to a traditional or full-service real estate agent who charges a percentage of the sale price. In exchange, the seller's property will appear in the multiple listing service (MLS), but the seller will represent him or herself when showing the ...
Burnett v. National Association of Realtors (formerly Sitzer v. National Association of Realtors) is a class-action lawsuit challenging the fees charged by real estate agents in the United States. The case was filed against the National Association of Realtors and some of the largest brokerages in the
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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.