Jerry Royse

A student asks, How do I evict a tenant on a sale?

The simple answer is: you don’t. When a property is sold it is sold subject to any underlying leases. There are possible exceptions depending on the lease agreement, but it is rare and may be hard to enforce, particularly in a residential situation. One option is to incentivize the tenant’s departure, that is, bribe the […]

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Commission Class Action Lawsuits Part 14

Second Class Action Lawsuit Filed in Texas In less than a month a second Real Estate Class action Lawsuit on Commissions has been filed in Texas. This new lawsuit seeks punitive damages and is named Martin, et al., v. Texas Association of Realtors, Inc., et al. This The plaintiffs are seeking class-action status for their

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Commission Class Action Lawsuits Part 13

Attorney and Mortgage Company insights! Attorney Insights: Clint Coons Esq. reviewed many of the new Commission Class Action Lawsuits from a legal strategy perspective and he discussed how attorneys will name multiple defendants in an attempt to get them to turn on each other in exchange for softer treatment. You can see this strategy unfolding

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Commission Class Action Lawsuits Part 11

Are MLS and REALTORS treating this seriously? AKMLS had 3 meetings and our students gave the meetings a mixed report card. The students in last week’s live classes just after the AKMLS meeting, reported the mediation attorney AKMLS brought up didn’t understand the restraint of trade issues and said Alaskan real estate professionals were not

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Commission Class Action Lawsuits Part 10

Critical MLS Questions MLS had 3 meetings last week and our students gave the meetings a mixed report card. I will give a detailed narrative on the meetings and MLS actions taken after the meeting, in next week’s newsletter. Lawsuits expanding to multiple states! Texas commission lawsuit names real estate teams and individual broker as

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Commission Class Action Lawsuits Part 9 Critical MLS Questions

AKMLS Bringing Attorney for 3 Presentations this week. What questions should I ask? MLS Questions. What rule changes do you plan on making? What forms are you planning on changing? How soon do you plan on making the changes? What role will the broker members have in the changes? What changes should MLS members make

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