Legal

How One State Is Unlawfully Stripping Wealth From Homeowners

Published by REALTOR.com | May 28, 2025 Illinois continues to let private investors seize homes and keep the equity—costing residents over $100 million since 2019. “A taxpayer must render unto Caesar what is Caesar’s, but no more,” Chief Justice John Roberts wrote in the U.S. Supreme Court’s unanimous 2023 decision in Tyler v. Hennepin County. …

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9 States Are Suing Landlords Over Rent-Setting Algorithms

Published by REALTOR.com | May 9, 2025 A sweeping antitrust case accuses some of the country’s largest landlords of using RealPage, a rental-management software company, to coordinate pricing, artificially inflating rents and undercutting fair market competition. It’s no secret that rents surged across the country in the early 2020s, driven by pressures from inflation, limited …

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Lawsuit Challenges A New Rule Requiring Reporting Details Of Cash Real Estate Purchases

Published by Forbes.com | April 25, 2025 After the Treasury declared it would not enforce the CTA against domestic companies, a lawsuit has been filed to stop a similar reporting rule for cash real estate purchases. A lawsuit filed in the Eastern District of Texas this month could upend another Treasury reporting rule. Months after …

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L.A. Wildfire Victims Sue Insurance Carriers for Dropping Fire Coverage

Published by REALTOR.com | April 22, 2025 The lawsuit claims the homeowners found themselves underinsured with more expensive policies. A group of Los Angeles residents who lost their homes in the January wildfires launched a lawsuit against major insurers for dropping fire coverage. The 14 families, who lost their homes in the fires, have slammed …

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Homebuyers Warned of Real Estate Scam That Could Drain Their Savings

Published by REALTOR.com | February 6, 2025 Real estate bank wire transfer scams are on the rise, with $446 million in annual losses. Anew homeowner’s dream turned into a nightmare when a six-figure sum needed to close the real estate transaction went to a scammer instead. The district attorney in Wichita, KS, is still trying …

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Real Estate Scams Are On The Rise – Here’s What to Look Out For

Published by FOX Business | September 10, 2024 FTC issues over $20M in refunds to victims who fell for home-flipping scams in recent months Whether it’s empty promises of lucrative pay days from flipping houses, fake property postings or deceptive mortgage relief schemes, real estate scams are on the rise, experts warn. The issue with …

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