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The historic $1.78 billion National Association of Realtors verdict in Kansas City, Missouri, this week could trigger a major disruption in the housing market, but it’s unclear when millions of ...
The National Association of Realtors maintains rules that each MLS owned by a local association of Realtors is required to follow. In 1996, as part of its rules governing multiple listing services, NAR adopted a rule requiring Realtors to make "blanket unilateral offers of compensation" when listing homes for sale on an MLS. [ 7 ]
A homeowner association (or homeowners' association [HOA], sometimes referred to as a property owners' association [POA], common interest development [CID], or homeowner community) is a private, legally-incorporated organization that governs a housing community, collects dues, and sets rules for its residents.
Property law in the United States is the area of law that governs the various forms of ownership in real property (land and buildings) and personal property, including intangible property such as intellectual property. Property refers to legally protected claims to resources, such as land and personal property. [1]
On October 31, a Kansas City, Missouri, jury ruled that the National Association of Realtors, or NAR, and several residential brokerages engaged in illegal price-fixing and awarded damages to ...
With expansive plains, bustling river towns and below-average mortgage rates, we don’t blame you for wanting to plant your own roots in the Missouri. The purchase of buying your first home can ...
Although home prices have rapidly increased, homeownership rates have also slightly increased in the U.S. over the past five years. In 2018, the median home list price in the U.S. was $255,200 and ...
For limits to ownership above land, an old principle in the law is ad coelum, meaning that property rights extend "to the sky" (and below the earth). In the past, rights to "the sky" have been unenforcable – birds need take little notice of humans' overhead property rights – but with modern technology extending human reach, the idea of ad ...