Legal Case Summaries

California court reverses trial court and sends lawsuit against a listing broker back to the lower court for further proceedings in order to consider allegations that the sellers had not received the promised priority when reselling their timeshare interest. 
The Federal Trade Commission has determined that the State of Louisiana failed to actively supervise its real estate appraisal board comprised of market participants and the state’s remedial measures taken after the FTC filed its complaint did not demonstrate that the state would actively supervise the board in the future. 
North Carolina’s highest court rules that lower court erroneously relied upon the state statute for appraisals when it denied admission of testimony from a real licensee about the value of land taken by the state for a road project, finding that the court should have instead of used the rules for admitting or excluding expert testimony.