Case Study on Vetting Vendors
The Legal Department breaks down a case in New Mexico about whether brokers are liable for their recommended contractors.
Podcast - November 12, 2024
Welcome Virginia REALTORS®
Risk management is at the heart of professional real estate practice. The Virginia REALTORS® Legal Resources are designed to keep you updated on legal issues relevant to your real estate practices and to reduce your exposure to risk. Our staff monitors legislative and regulatory issues and keeps you informed of changes that affect your real estate business.
Resources include the Legal Hotline, Videos, Webinars, Broker Resources, the Ethics Center, and Standard forms and contracts available to you at no cost as a member benefit.
NOTE: Our Legal Webinars have moved! See them all here at our Learning Center.
Results
View by
The Legal Department breaks down a case in New Mexico about whether brokers are liable for their recommended contractors.
Podcast - November 12, 2024
Violations Alleged 18 VAC 135-20-260.6 – conviction of a felony after initial licensure Facts Tony Rice (“Rice”) initially received his real estate salesperson license in…
Article - November 4, 2024 - VAR Legal Team
This case examines a scenario in which a real estate licensee acting as a property manager incorrectly dispersed a tenant’s security deposit to the owner. When a real…
Article - October 6, 2024 - VAR Legal Team
This case study highlights the importance of accurate written brokerage agreements, and a licensee’s obligation to comply with such agreements. When property managers bring existing clients to a…
Article - August 1, 2024 - VAR Legal Team
This case examines a scenario in which a real estate licensee completed the terms of a purchase contract in a manner that violated the Virginia Real Estate Board…
Article - June 27, 2024 - VAR Legal Team
Allegations Violation of 54.1-2132.A.4 of the Code of Virginia (Count 1) Violation of 18 VAC 135-20-260.11.g (Count 2) Violation of 54.1-2131.A.4 of the Code of Virginia (Count 3)…
Article - May 30, 2024 - VAR Legal Team
This case study highlights the importance of providing reasonable assistance to your buyer in satisfying their contract obligations. The damage done illustrates why it is important to communicate…
Article - May 3, 2024 - Laura Jones
On March 20, 2022, Anthony was issued a Real Estate Salesperson license. Anthony’s license is associated with the licensed National Real Estate Firm. On December 26, 2022, Stephen…
Article - March 29, 2024 - VAR Legal Team
This case examines a scenario in which a real estate licensee woefully disregarded the listing agreement and failed to inform his clients of the offer. Real estate licensees…
Article - March 4, 2024 - VAR Legal Team
This case examines a scenario in which a real estate licensee took instructions from a spouse who was not an owner, not included on the listing agreement, and…
Article - February 29, 2024 - VAR Legal Team
This case examines a scenario in which a real estate licensee engaged in advertising in violation of Virginia Real Estate Board regulations by utilizing a mass-mailing advertisement which…
Article - January 31, 2024 - VAR Legal Team
Background: In December of 2022, Kinsella Realty (“Kinsella”) entered into an Exclusive Right to Represent Buyer Agreement with Terrance Mann (“Mann”). The buyer agreement listed Archie Graham (“Graham”)…
Article - January 3, 2024 - VAR Legal Team
“Winning Offer” This case study highlights the importance of understanding your clients’ objectives, expectations, and failing to safeguard your client. The damage done in this case illustrates why…
Article - December 1, 2023 - VAR Legal Team
The Situation: Reece Beekman (“Beekman”) was issued a real estate salesperson license in May of 2022. Beekman is affiliated with Pack Line Realty, Inc. (“Pack Line”). In June…
Article - November 2, 2023 - VAR Legal Team
The Situation On April 6, 2017, Sharon Agent was issued a real estate salesperson license. In 2023, Agent was representing the seller of real property. On…
Article - October 1, 2023 - VAR Legal Team
Failure to Exercise Ordinary Care This case examines a scenario in which a buyer’s agent failed to exercise ordinary care and promote the interests of the client by…
Article - September 5, 2023 - VAR Legal Team
Misrepresentation / Omission & Failing to Provide Reasonable Assistance to Client “Follow the Contract” This case study highlights the importance of agents hired by clients to follow…
Article - August 7, 2023 - VAR Legal Team
The Situation: John Morton (“Morton”) was issued a real estate Salesperson license on January 4, 2019. On November 25, 2020, he became affiliated with Ye Olde Real Estate,…
Article - July 10, 2023 - VAR Legal Team
The Situation: Stephen Branson was issued a real estate salesperson license and became affiliated with Virginia’s Best Realty, LLC on March 22, 2017. On March 9, 2022, Virginia’s…
Article - May 30, 2023 - VAR Legal Team
What is the difference between exaggeration and puffing? This week, the Legal Team breaks down two case studies about this subject.
Podcast - May 23, 2023
Dishonest Conduct This case examines a scenario in which a listing agent added an addendum to a contract increasing the agent’s commission by 1% without first obtaining…
Article - April 27, 2023 - VAR Legal Team
“Delivering Reports Unasked” This case study highlights the importance of providing principals to the transaction written notice of any material changes to the transaction in a timely manner.…
Article - March 30, 2023 - VAR Legal Team
Failure to Follow Up – EMD and Communications This case examines a scenario where a Buyer’s Agent did not perform due diligence in ensuring that her clients’ EMD…
Article - March 3, 2023 - VAR Legal Team
This case examines a scenario where the Listing Agent failed to perform in accordance with the brokerage agreement. Agents should make sure to comply with all terms of…
Article - February 3, 2023 - VAR Legal Team
In this case study, an agent is found to have furnished substantially inaccurate or incomplete information to the Real Estate Board in obtaining a license. It is imperative…
Article - January 5, 2023 - VAR Legal Team
Results