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Is this ethical for a real estate broker to do? law answers (493408)

People haved asked the following law querstions similar to "is this ethical for a real estate broker to do?". If you have other legal doubts, use the box above to get answers.

Q: 

real estate Agent was also the previous tenant

A:  After siging the lease, the broker took 10 days to get it to management and submitted an incomplete lease agreement furthur delaying our move in to the 17th. "We had been paying rent since the 1st." Not sure why, if they wouldn't let you move in. "I belive this is unethical behaviour, but do not know if it is legal or not." Can't imagine it's illegal, though I'd definitely complaint to whatever state entity licenses this person. "I wish to receive all or part of my realtors fee back, is this reasonable?" Whether it's reasonable or not is irrelevant; I don't know who contracted with this person, but it doesn't sound as though any breach of contract occurred....

Q: 

Need advice, is this fraud?

A:  Odds are your verbal deals have ZERO weight and failure to execute the proposed written agreement weighs heavily that NO agreement was reached.   You might have a point about unjust enrichment or equity as to money you sunk into his lands--but I don't think its a winnable point--you moved forward w/o a firm lease --at your risk--you lost.  Dirty pool but not illegal pool. Well perhaps its a barter chip--but you better be prepared to spend $300/hr for some attorney to play the chip and anticipate a long playing time.   But I see it other way around--the fact that you 2-3 times present a contract and it was NOT executed sure weights heavily that other side has NO intent to enter into any such deal.   Had you held 3-4 discussions and mutual oral promises of a...

Q: 

Can He do This?

A:  First you state that your home is not listed for sale then you state you were told by your broker. Do you have an agency relationship with your broker? If not, then you have no broker. You have it backwards. It is against the law for a real estate agent to solicit an owner if the property is already listed. If the property is NOT listed, you are fair game so to speak, and thus agents from all over town may freely contact you for the purposes of potential listing or to bring in offers. A fair sales commission is 6% or possibly 5%. Lastly, even if you went around the agent and closed on the sale directly with the Buyers, you would still be...

Q: 

how di I find foreclosed properties on my own seems all these agents are keeping these properties for?

A:  Although I am not in your market area, and cannot speak to specifics of your area.........I can make general comments about NJ and FL. I am not aware of agents trying to keep properties, either in the foreclosure process, or as a bank owned property out of the public eye. I have heard of some confusion on the part of the public as a result of looking at foreclosure lists online. When a property appears on a foreclosure list, it does not mean that it is for sale. It appears on a list as a property in foreclosure because there is a legal action. The property owner may seek other remedy to the legal action instead of selling. I have heard of buyers believing that a property on a foreclosure list is for sale, and being skeptical when a realtor tells them...

Q: 

Rental House - Tenants Rights

A:  Unfortunately NJs laws are not tidily spelled out online, but with the exception of New Yorks very restrictive laws I don''t know of any any states that dictate the maximum amount a landlord can charge...or even raise the rent. When you''re on a month to month (which is what you''re on absent a lease...or if a lease term expires), then the landlord can raise the rent with proper notice, period. If you rent has been stable for that long, then you should count yourself lucky. I found nothing searching the state laws, but you can do some rooting through them yourself here: http://lis.njleg.state.nj.us/cgi-bin...Doc_Frame_PG42 (You can''t just read through them, you have to search them with terms in the search box). ...

Q: 

Adding Someone to the mortgage

A:  Welcome to AMHD. What country or state? It sounds as though your mortgage provider is saying you need a solicitor to prepare a deed that will make you joint owners, as well as joint borrowers. Generally speaking, if his name were not on the deed (owner), then it would not be in your fiance''s interest to be on the mortgage (borrower). Hello helens: You want to GIVE him half the equity in your house??? That''s pretty nice of you. You know, once you give it to him, and it doesn''t work out, it''s HIS! But, in any case, you''re going to need the services of a real estate attorney to do this properly. excon By you use of the term solicitor I suspect you are in the UK. What seems that the mortgage company is suggesting is that you...

Q: 

New Build Costs

A:  $65.00 per square foot is very very low end. Have you checked out the builder? Would you really want to live there? Do you already own the land? That will add substantial cost to your build. You should be paying $85-100 for basic and above $120 for something with upgrades. Dear UThorn, I am shocked that you found a builder at $65 per square foot in Austin. Even the production builders are around $100 per SF and they get materials on the cheap because of purchasing in volume. A more solid average price per SF is $100-$150. If you are talking about ''Green building'' or higher quality finishes your price jumps up $150-250 SF. Luxury homes in central Austin will be more along the lines of $250-$400 per square foot. You may ask how I am arriving at these...

Q: 

I have had my condo listed with a realtor for 6 months with no bites. Since my agreement is up tomorrow,

A:  Susan Great question and very good answers. There is a difference between legal and moral. Read your contract. There is a term "procuring cause". If the renter came from the realtors marketing efforts, then they would be the reason the renter came. However, there are a lot of variables here. I am not an attorney. You might want consult with one. Here''s a thought. You''re waiting for the market to go back up. The renter wants to rent. Maybe a lease option would be a good incentive. BTW, how do you KNOW the market is going back up? My crystal ball is a little foggy right now. Here''s a suggestion. Have the realtor ask the buyer at what price she would make an offer.... Yes, it is your moral duty...

Q: 

How do I get a visitor, who is also the mother of my son, out of my house? She has been here for one year, is dirty and doesn't pay any rent. Can I

A:  What a legal mess. Peanutbred, also an attorney, that answers questions pon webanswers, may have some other ideas. Hopefully, he will weigh in, as he is sort of a real property guru. In my own opinion, I think you need to evict her, lawfully. Even if you do not have even a verbal LL/tenant arrangement, she HAS been living there. Having another home is just not a legal factor. Especially since she is the mother of your child, this would look like a "cohabitation" to any court, it would to me. And with any cohabitation, you need an eviction ( married people get a divorce). If you do it lawfully, you will have the court to back you and if she still...

Q: 

A Lien Was Filed After Closing, but Before the Deed Was Recorded. Is It Valid?

A:  It''s my understanding that the property is considered purchased at closing. You would do well to check with a real estate attorney to be certain, however....