News & Analysis as of

Sellers Homeowners

Manatt, Phelps & Phillips, LLP

NAR Broker Commission Policy Change Following Antitrust Settlement

In 2019, home sellers brought a series of class-action lawsuits against the National Association of Realtors (NAR) and several national real estate brokerages, alleging that the defendants conspired in anticompetitive...more

Lowndes

National Association of Realtors to Eliminate 6% Sales Commissions

Lowndes on

The National Association of Realtors (NAR), which represents more than 1 million Realtors, has agreed to eliminate its standard 6%sales commissions with home sellers. By reaching a $418 million settlement with home sellers in...more

Jaburg Wilk

Who is Entitled to “Notice” Under the Revised Purchaser Dwelling Act?

Jaburg Wilk on

As a construction defect attorney, I know I am not alone with the frustration in trying to interpret the confusing, ambiguous, and often times nonsensical language which comprises Arizona’s Purchaser Dwelling Act, promulgated...more

International Lawyers Network

Buying and Selling Real Estate in Latvia (Updated)

KEY FACTS OF REAL ESTATE ACQUISITIONS UNDER LATVIAN LAW - I. STANDARD FORMS OF AGREEMENT - A. Offer to Purchase sets forth Buyer’s offer of price and date for closing. Seller may accept or reject. B. The purchase...more

International Lawyers Network

Buying and Selling Real Estate in Latvia (Updated)

KEY FACTS OF REAL ESTATE ACQUISITIONS UNDER LATVIAN LAW - 1. Types of real estate - 1.1. Land estate - Consists of one or several land plots. 1.2. Land and building estate - Consists of one or several land...more

Jaburg Wilk

A Listing Agent's Right to Get Paid

Jaburg Wilk on

One of the great things about being a real estate agent is that when a transaction closes, the agent gets paid his or her commission regardless of how much time and effort expended by the agent in connection with the...more

Foley Hoag LLP - Environmental Law

When Is Property Damage From a Release “Expected or Intended”? Only After the Owner Learns of the Spill and Ignores It

Any good trial lawyer will tell you that the law is about telling stories. Once upon a time, Timothy and Stacy Creamer bought a house. Only after they closed did they realize that some strategically placed rugs were hiding...more

International Lawyers Network

Buying and Selling Real Estate in Latvia

KEY FACTS OF REAL ESTATE ACQUISITIONS UNDER LATVIAN LAW - 1. Types of real estate - 1.1. Land estate - Consists of one or several land plots. 1.2. Land and building estate - Consists of one or several land...more

International Lawyers Network

Buying and Selling Real Estate in the Bahamas

PURCHASE OF BAHAMIAN REAL ESTATE BY NON- BAHAMIANS - Columbus came to The Bahamas when he first discovered the New World, landed on San Salvador in 1492. Over the centuries, the islands of The Bahamas became key waypoints...more

Dentons

Energy-Efficient Homes Credit is Extended for Homes Sold Before December 31, 2017

Dentons on

The Bipartisan Budget Bill of 2018, which President Trump signed into law on February 9, 2018, has extended the Energy-Efficient Homes Credit for homes sold before December 31, 2017. The extension allows builders a $2,000...more

Tonkon Torp LLP

Portland Residential Home Energy Score Requirement Takes Effect January 1

Tonkon Torp LLP on

Starting January 1, 2018, single-family home sellers in Portland will be required to report a Home Energy Score (HES) to potential buyers. The HES is a federally-developed measurement of the energy-related use and associated...more

Jaburg Wilk

Arizona’s New Construction Defect Law is Effective the Summer of 2015

Jaburg Wilk on

On March 23, 2015, Arizona Governor, Doug Ducey, signed into law House Bill 2578. This new legislation relates specifically to Arizona’s construction defect claims and revises the Purchaser Dwelling Actions statute - ARS §...more

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