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This edition of the quarterly report analyzes legal trends in risk management areas that affect real estate professionals: Agency, Property Condition Disclosure, RESPA and Employment.
Read the 1Q 2017 Executive Summary
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In This Issue
Three agency cases from this quarter address several different issues.
Two of the following cases consider the extent to which the seller’s representative may be liable to the purchaser of the property.
This quarter, the cases involved allegations of alleged kickback or misleading payment schemes similar to those encountered in previous cases. In one case, the court permitted the plaintiffs to amend their complaint in an effort to avoid the statute of limitations on a claim alleging an improper captive reinsurance scheme.
All three of the cases discussed below deal with independent contractor issues.