January 2011 Newsletter
Tarley Robinson January 2011 Newsletter
Catch up on relevant legal information we discussed in our December blogs. Topics include:
In a struggling real estate market, the payment of real estate commissions becomes more contentious. We reviewed two recent cases involving disputes over the payment of real estate broker commissions. In one case, the Virginia Supreme Court reviewed whether it could enforce an oral listing agreement. In the other case, a New Kent County judge reviewed the terms of the listing agreement to determine whether a real estate broker could recover a commission when the closing occurred after the expiration of listing agreement.
Also, we reviewed our discussion regarding raising money or obtaining other property for investment purposes. Learn why anyone raising money or obtaining other property for an investment of any kind from whatever source, perhaps especially from “family and friends,” should take care to obtain competent legal advice from an attorney well versed in securities law.