Updated about 9 years ago on . Most recent reply
John ThedfordPoster
#5 Wholesaling Contributor
#5 Wholesaling Contributor
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- Naples, FL
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Top 10 Reasons Licensed Agents Get Sued
John ThedfordPoster#5 Wholesaling Contributor
#5 Wholesaling Contributor
- Real Estate Broker
- Naples, FL
1. Fraud;
2. Breach of Duty;
3. Breach of Contract;
4. Negligence;
5. Bodily Injury / Property Damage;
6. Misrepresentation regarding the Condition of the Property;
7. Consumer Protection Act;
8. Earnest / Escrow Money Dispute;
9. Misrepresentation regarding Flooding or Leaks; and
10. Misrepresentation regarding the Value of the Property.
These are the reasons stated by an attorney for an insurance agency.