This edition of the quarterly report analyzes legal trends in risk management areas that effect real estate professionals: Agency, Property Condition Disclosure, RESPA, and Employment.
Download (PDF: 424 KB)
In This Issue
The video edition of the quarterly report analyzes legal trends in risk management areas that effect real estate professionals: Agency, Property Condition Disclosure, RESPA, and Employment.
A. Cases
This section looks at two cases where damages were awarded for breaches of fiduciary duty based on misrepresentation. The key misrepresentations involved a development that was failing by the time the plaintiffs invested in it (Haena) and an undeveloped lot that did not have a legal access road (Helmke). In another case, a court determined that a broker cannot be liable for...
A. Cases
This section examines two new cases involving the merger doctrine and a merger clause. One case deals with structural issues in a home’s foundation (Schoembs), while the other concerns a bat-infested apartment (Katethis). A third case discusses whether a real estate licensee has a duty to investigate the seller’s representations (PH West Dover Props).
