Delivering and Holding the EMD
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
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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
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
Dishonest Conduct This case examines a scenario where the buyer’s agent showed a property despite not having a confirmed appointment, and then later made misrepresentations to the Board…
Article - December 2, 2022 - VAR Legal Team
This case examines a scenario where the buyer’s agent failed to ensure that an earnest money deposit (EMD) provided to her was submitted to the escrow agent and…
Article - November 7, 2022 - VAR Legal Team
This case examines a scenario where the listing agent did not disclose her relationship to the seller of the property in writing, even though the agent made the…
Article - October 3, 2022 - VAR Legal Team
This case examines a scenario where the Property Manager did not timely provide documentation that was required by the agreement to one of the principals to the transaction.…
Article - September 6, 2022 - VAR Legal Team
We’ve recently had some questions regarding the sales clause in property management contracts and when the sales fee would be due to the REALTOR® property manager. Let’s first…
Article - August 17, 2022 - VAR Legal Team
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