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MV Realty sued: Pennsylvania Attorney General Josh Shapiro says real estate company is misleading homeowners
PHILADELPHIA (WPVI) — The Pennsylvania attorney general has sued a real estate company, accusing the firm of misleading homeowners. Attorney General Josh Shapiro on Wednesday announced the lawsuit against MV Realty, which was the focus of an Action News Investigation. In its suit, Shapiro calls the company’s Homeowner Benefit Agreement a scam that exploits Pennsylvanians. The MV Realty Homeowner Benefit Agreement gives homeowners a few hundred dollars upfront and, in return, the homeowners give exclusive rights to the company for the opportunity to sell a property for up to 40 years. MV gets a 3{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} commission on the home’s value when it sells or transfers to a loved one or…
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Oregon sued over law banning real estate ‘love letters’ in hot market
A serious estate business is in search of to block a new Oregon regulation that bans authentic estate agents from forwarding “love letters” from homebuyers to sellers. The lawsuit submitted in federal court docket Friday by the conservative Pacific Legal Basis on behalf of Complete Genuine Estate Group alleges the state’s ban on these communications violates the First Amendment legal rights of real estate brokers and their clients. “This censorship is primarily based on mere speculation that sellers might sometimes depend on info in these letters to discriminate primarily based on a protected class,” in accordance to the lawsuit. Oregon Attorney Standard Ellen Rosenblum and Oregon Authentic Estate Commissioner Steve Strode could…
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