In New York, as in most states, real estate practitioners and homeowners are required by law to tell prospective homebuyers about a home’s known physical defects. But real estate practitioners working for the seller don’t have to disclose anything voluntarily about the neighbors.
In 1994 the Metropolitan Kansas City (Mo.) Board of REALTORS® voted to suspend one of its members. At the end of the disciplinary proceedings, the board filed a declaratory judgment action—as required by its bylaws--that sought a court judicial declaration that the board hadn’t violated the member’s rights during its disciplinary proceedings.
A U.S. District Court in North Carolina recently dismissed a lawsuit brought against a residential landlord by a former tenant who alleged that the landlord had violated the Americans With Disabilities Act.
A federal court ruled that Florida-based Landmark Commercial Realty wasn’t entitled to a commission because it wasn’t licensed in Ohio, but the jury awarded Landmark $150,881 for the reasonable value of its services.
An Arizona court ruled recently that homebuyers could sue their salesperson and broker for failing to disclose the home’s defects, because the contract clause waiving broker liability was unenforceable.
The owners and operators of six federally subsidized apartment complexes in Reno, Nev., have agreed to pay $382,500 to settle a Fair Housing Act complaint that alleged they discriminated against minorities and families with children.