Legal

Gov. DeSantis Signs Law to ‘End the Squatters Scam,’ Protect Homeowners in Florida

Legal, Politics / By

Published by FOX News | March 27, 2024 Under the new law, property owners can now call on the sheriff’s office to immediately remove squatters from their homes if the suspects are unable to produce documents authorizing their residency by the property owner. Republican Florida Gov. Ron DeSantis on Wednesday signed legislation into law that …

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Home Buyers and Sellers to be Spared Standard Broker Commissions Under $418 Million Settlement

Legal, Residential / By

Published by NBC News | March 15, 2024 Consumer advocates say the National Association of Realtors’ legal agreement, if approved, could save buyers and sellers thousands of dollars and lead many buyers to forgo agents entirely. The National Association of Realtors has agreed to a landmark settlement that would eliminate real estate brokers’ long-standing commissions, …

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Why Squatting Is On the Rise—and So Hard To Solve

Legal, Residential / By

Published by REALTOR.com | February 19, 2024 Stories of squatters taking over vacant properties, costing homeowners thousands to evict, are becoming shockingly common today. Atlanta attorney David Metzger recently got a call from a client in a tricky situation: She’d gotten engaged, moved in with her fiancé, and decided to rent out her house in Dekalb County. …

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Donald Trump Fined $355M for Overvaluing His Real Estate and Other Assets

Investments, Legal / By

Published by REALTOR.com | February 16, 2024 The former president was found liable for issuing false financial statements, falsifying business records, and conspiracy. A New York judge on Friday ruled that Donald Trump, the nation’s first real estate mogul turned U.S. president, will have to pay a $355 million fine for overvaluing his real estate empire …

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Grant Cardone Faces Class Action Lawsuit For Over Inflating Potential Returns

Behind The News, Fraud, Legal / By

Published by BiggerPockets.com | September 11, 2023 Entrepreneur, author, and real estate investor Grant Cardone is facing legal trouble related to his social media marketing tactics, which has implications for other syndicators who double as social media influencers. A class action lawsuit filed in Los Angeles Federal Court alleges that Cardone, who showcases his lavish …

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Homeowner Arrested After Trying to Evict Squatters From His Own Property

Legal, Rental Property / By

Published by The New York Post | August 16, 2023 A homeowner stopped by to check on his suburban Atlanta property — only to be arrested for trespassing. Days after the departure of a previous tenant, Tim Arko pulled into the driveway of his house in desirable Decatur, where he suddenly encountered a stranger waving a gun …

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Landlord Reveals Secret to Removing Squatters Without Expensive Legal Battles

Fraud, Legal, Residential / By

Published by FOX Business | May 5, 2023 Florida landlord shares little-known method that allows police to remove squatters A real estate investor who was recently the victim of squatters is using his experience to help other landlords avoid court through a little-known Florida statute. After recruiting a local news station to cover his situation …

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CFPB Issues Further Guidance on ‘Zombie Mortgages’

Legal, Mortgages / By

Published by DS News | April 26, 2023 Debt collectors now attempting to collect on these zombie second mortgages may be in violation of the Fair Debt Collection Practices Act. The Consumer Financial Protection Bureau (CFPB) has issued guidance to protect consumers from illegal collection tactics on so called “zombie mortgages” due to the fact …

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