Debtors Can’t Collect from Team Leader

Debtors Can’t Collect from Team Leader

Read the full decision from the United States Bankrupty Court District of Idaho.Two real estate licensees (“Debtors”) joined a real estate team (“Team”) that was headed by a single individual (“Team Leader”). The Team was part of a real estate brokerage (“Firm”) and...
Licensee Liable for Wire Fraud Losses

Licensee Liable for Wire Fraud Losses

Read the full decision: Bain v. PLATINUM REALTY, LLC Kansas federal court upholds jury verdict that determined that a real estate licensee was 85% responsible for the buyer’s losses, which occurred when the buyer transferred purchase money to fake account after...
Issuing A Deed To Property

Issuing A Deed To Property

A person can issue a deed to property he/she does not present own, but if ownership ever comes, it immediately transfers to the entity shown on the deed as grantee. (The true owner might also have sued the deed maker for slander of title).
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