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Real estate commissions are not going away following the $1.8 billion verdict on Tuesday in a federal jury trial brought by homesellers that found the National Association of Realtors and two ...
Jaime Uziel knows that as a real estate attorney his clients depend on him to interpret the legalese that's part of any real estate transaction. He's happy to do that, he says, but he also tries ...
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.
Nonetheless, the verdict could change the real estate industry’s commission structure as we know it. NAR chief legal officer Katie Johnson addressed the lawsuit in the company’s podcast ...
A specific finding pertains to a type of verdict rendered in a jury trial.A judge may direct questions at the jury to be answered as part of its deliberations. These questions are meant to guide the jury through the facts of the case or the elements of each claim that must be proven.
If the loser does not pay the judgment voluntarily then the winner can force a sheriff's sale of any property to collect. There are several problems: 1) to find the county where the loser owns real estate property; 2) the probability that there are secured loans , tax liens and/or other judgments that have priority over the judgment lien; 3 ...
Americans pay roughly $100 billion in real estate commissions each year, but that burden is about to be lightened considerably. The National Association of Realtors, one of the country’s largest ...
Interlocutory judgment: an interlocutory judgment is rendered when the court has enough information to make a decision. [119] An interlocutory judgment is considered to be a final judgment and not subject to appeal unless the court deems further consideration necessary. [120] Judgments in most German courts are rendered "in the name of the people".