Housing Wire
MARCH 15, 2024
The National Association of Realtors has agreed to pay $418 million in damages to settle the commission lawsuits. NAR’s legal counsel approved the settlement agreement early Friday morning. The story was first reported by the New York Times. It has yet to be filed in court.
Housing Wire
MAY 10, 2024
The National Association of Realtors’ (NAR) board of directors voted to leave member dues unchanged in 2025. The vote occurred Thursday during the final day of NAR’s midyear conference, the Realtors Legislative Meetings, according to Inman , which first reported the story. represent themselves 2. represent themselves 2.
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Housing Wire
SEPTEMBER 13, 2023
The National Association of Realtors (NAR) is navigating turbulent waters. The trade group also faces two massive class-action lawsuits that could forever upend the agent commission structure , and is fighting a separate legal battle with the Department of Justice. million members, the majority of whom are women.
Lamacchia Realty
DECEMBER 18, 2023
AGENT VS. REALTOR: WHY THE DIFFERENCE MATTERS Often, we hear the terms “real estate agent” and “REALTOR ®” being used synonymously. What many consumers don’t realize is there are some key distinctions of a REALTOR® that will benefit them in their real estate endeavors. What is NAR?
Cleveland Appraisal Blog
JUNE 23, 2023
Land ownership comes with legal obligations which can change quite a lot depending on where you are buying land. Before you purchase anything, consider the legal implications, including property taxes, zoning laws, environmental regulations, and permits required for your intended use. What are the local regulations?
Housing Wire
NOVEMBER 9, 2020
The American Land Title Association , the Mortgage Bankers Association and the National Association of Realtors all endorse the legislation. The model legislation creates legal certainty across the country by providing a uniform and consistent framework that is based on a common set of core principles. To date, 37 states and U.S.
Lamacchia Realty
APRIL 4, 2024
When it comes to real property (including a home or land), there are different kinds of ownership that help the courts determine who the executors of an estate sale will be: Sole Ownership – This is when a property is owned by one individual. They will be your best resource for the legalities of an estate sale.
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