California Real Estate Fraud Report

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30
Mar

Real Estate Brokerage, Agents Successfully Defend Charges of Fraud, Negligence

An unnamed real estate brokerage and its agent received a unanimous verdict in their favor after an 11-day jury trial in San Mateo Superior Court (CIV528024).

The plaintiff was a real estate investor who had purchased a 4-plex in Menlo Park in 2013 that required substantial remodeling. The seller’s real estate agent had recommended a contractor who was later found to be unlicensed. The buyer/investor then sued the agent and brokerage, accusing them of intentional misrepresentation, negligence, and unjust enrichment.

“A lot was at risk for our clients, and we are absolutely thrilled that we were able to defend them outright from some very serious claims,” said prevailing attorney Charlie Bronitsky of the Law Offices of Peter N. Brewer. “It came down to the fact that, every day, real estate agents refer vendors to clients and prospective clients; establishing a duty for the realtors regarding the validity of those vendor recommendations would create an undue burden.”

Read the original article in Digital Journal.

 

© Copyright 2007-2017 Monique Bryher

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The information and notices contained on The California Real Estate Fraud Report are intended to summarize recent developments in real estate fraud, mortgage fraud, short sale fraud, REO fraud, appraisal fraud, loan modification scams, loan modification fraud and other real estate related crimes occurring in Los Angeles and California. The posts on this site are presented as general research and information and are expressly not intended, and should not be regarded, as legal advice. Much of the information on this site concerns allegations made in civil lawsuits and in criminal indictments. All persons are presumed innocent until convicted of a crime. Readers who have particular questions about real estate fraud, mortgage fraud and appraisal fraud matters or who believe they require legal counsel should seek the advice of an attorney.

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