April 25, 2018

Law & Ethics: In Court Articles

  • Mon, 01/03/2011

    Attorneys say a ruling from a U.S. District judge in New Orleans concerning defective drywall may eliminate availability of home owners' insurance for the damage it causes.

  • Sat, 01/01/2011

    The U.S. District Court for the Northern District of Illinois dismissed a long-running antitrust lawsuit against a group of brokerages, ruling they didn’t conspire to harm a discount brokerage in their market area.

  • Wed, 09/01/2010

    A Utah real estate agent was found guilty of fraud for steering his client into a short sale with a phony buyer and then later flipping the property for profit.

  • Sun, 08/01/2010

    A Michigan property owner who changed his mind about selling a parcel of land after signing a contract with a buyer was required to proceed with the sale and pay commission to the broker.

  • Mon, 03/01/2010

    The Supreme Court of Wyoming ruled that the owners of a sprawling Wyoming cattle ranch acted in bad faith by replacing their longstanding broker after he assembled a promising deal, and were wrong to deny him commission when the deal closed.

  • Mon, 02/01/2010

    The U.S. Court of Appeals for the Third Circuit ruled that a lawsuit alleging RESPA violations against a major lender can move forward even though the borrower who filed the suit wasn’t overcharged.

  • Fri, 01/01/2010

    A brokerage whose trademarked logo involved a rectangular design with red, white, and blue horizontal stripes was ordered to cancel its use of the logo because it stood to be confused with the trademarked logo of RE/MAX International Inc.

  • Sun, 11/01/2009

    An Iowa appellate court ruled that a broker is entitled to his commission in a failed short sale of a warehouse because the lender acted in bad faith by waiting until closing to demand a larger share of the proceeds.

  • Thu, 10/01/2009

    The Idaho Supreme Court has ruled in favor of a real estate broker whose commissions totaling nearly $1 million were in jeopardy after a developer claimed that the listing agreements were invalid due to insufficient property descriptions.

  • Tue, 09/01/2009

    A New Jersey court ruled that a seller, who had entered into an exclusive right-to-sell listing contract, doesn't have to pay the commission on a transaction that closed after a protection period on the agent's agreement expired.